Farm Progress is part of the divisionName Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Serving: United States
John Deere 600C

Equipment sales slump

U.S. 4-wheel-drive tractor sales decreased 4.7% in July compared to last year and U.S. July self-propelled combines decreased 25.9%

Sales of self-propelled combines, 4-wheel-drive tractors and total U.S. 2-wheel-drive tractor decreased from July 2018 to July 2019, according to the latest data from the Association of Equipment Manufacturers.

U.S. 4-wheel-drive tractor sales decreased 4.7% in July compared to last year and U.S. July self-propelled combines decreased 25.9%. Total U.S. sales of 2-wheel drive tractors in July decreased .1% compared to July last year: under 40 HP 2-wheel drive tractors decreased .6%, while sales of 40-100 HP tractors grew 4%, and sales of 100-plus HP tractors declined 9.8%.

For Canada, January 4-wheel drive tractor sales were negative (down 32%) and self-propelled combine sales decreased 43.8%. July 2-wheel-drive tractor Canadian sales were down in all size categories (11.1% for under 40 HP, 10.8% for 40-100 HP, and 15% for 100-plus HP).

“To keep the U.S. agriculture economy strong, we’re encouraging a swift passage of USMCA and continued focus on renewable fuels to help provide some stability for farmers in the months ahead,” said Curt Blades, Senior Vice President of Ag Services at the Association of Equipment Manufacturers. “AEM is committed to advocating for pro-growth trade policies and the end to retaliatory tariffs.”

Source: AEM, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset. 
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish