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2018 a solid year for ag tractor, combine sales

Progressive Forage Editor Dave Natzke Published on 11 January 2019

Commodity prices and farm income may have been down, but U.S. tractor and combine sales closed out 2018 stronger, according to the Association of Equipment Manufacturers (AEM).

  • Sales of self-propelled combines totaled 616 in December, up 30 percent from December 2017. Total 2018 sales rose to 4,849, an 18 percent increase over 2017.

  • December sales of four-wheel-drive tractors were down 9 percent from a year earlier, at 257. However, full-year 2018 sales in this category hit 2,741, up 13 percent from 2017.

  • Overall, December 2018 U.S. sales of two-wheel-drive tractors grew about 6 percent to 18,085. Total sales of two-wheel-drive tractors for 2018 hit 233,115, up 7 percent from the year before. Tractors under 40 horsepower showed the biggest growth in sales, up 9 percent on the year to almost 155,000. Sales of two-wheel-drive tractors in the 100-plus horsepower category grew 5.5 percent in 2018 to 17,958.

 “2018 was a solid year for equipment sales despite a weak overall farm economy and lingering trade issues,” said Curt Blades, AEM senior vice president – agriculture. “As we look at 2019, we’re still seeing a lot of uncertainty related to the administration’s efforts to reset global trade parameters. We’re also watching some uncertainty with stock market ups and downs, which could indicate a potential slowing economy. As a whole, we remain optimistic that the replacement market for large equipment will continue through 2019, and that the small tractor market will continue to be a bright spot on overall sales numbers.”  end mark

Dave Natzke
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