Tractor Sales Up In May, Combine Market Slightly Down
Wednesday, June 13th, 2012
According to the Association of Equipment Manufacturers' monthly "Flash Report," the sales of all tractors in the U.S. for May 2012 were up 13% compared to the same month last year.
For the year 2012, a total of 74,387 tractors were sold, which compares to 69,609 sold through May 2011.
For the month, two-wheel-drive smaller tractor (under 40 HP) were up 7% from last year, and 40 & under 100 HP were up 20%. Sales of two-wheel-drive 100+ HP were up 28% from last year, and four-wheel-drive tractors were up 5% for the month.
For the first five months, two-wheel drive smaller tractors (under 40 HP) are up 7% from last year, while 40 & under 100 HP are up 9%. Sales of 2-wheel drive 100+ HP are up 5%, while 4-Wheel Drive tractors are down 0.9% for the year.
Combine sales were down 2% for the month. Sales of combines for the first five months totaled 2,421, a decrease of 33% over the same period in 2011.