Tractor sales in the under 40 horsepower category dropped 15.4% year-over-year in the U.S. for March and by 33.4% in Canada, according to the Assn. of Equipment Manufacturers.
In the U.S., sales of under 40 horsepower 2-wheel-drive tractors were down 9.7%, and sales of 40-100 horsepower tractors were down 5.6%. In Canada, sales for the under 40 horsepower segment fell 20.2%, while the 40-100 horsepower segment fell 10.3%.
The latest report from the Assn. of Equipment Manufacturers shows unit sales increases in December and year to date for under 40 horsepower 2WD tractors in the U.S. and Canada compared last year. Sales of 40-100 horsepower 2WD tractors were down in the U.S. and Canada compared to last year.
The latest report from the Assn. of Equipment Manufacturers shows unit sales declines in October for under 40 horsepower 2WD tractors in the U.S. and Canada compared to last year. Sales of 40-100 horsepower 2WD tractors were down in the U.S. and up in Canada compared to last year.
Times are tough for producers, and dealers need a silver lining. Between the chaos caused by late planting, followed by the cloud of uncertainty created by the trade disputes with China, equipment dealers’ sentiment came in lower in this year’s Ag Equipment Intelligence 2020 Business Outlook & Trends Farm Equipment Forecast.
U.S. sales of tractors under 40 horsepower were down 2.6% in June compared with June of 2018 and sales of tractors 40-100 horsepower were down 4.8%, according to the Assn. of Equipment Manufacturers.
Under-40 horsepower tractor sales in the U.S. experienced a small .7% growth, and 40-100 horsepower tractor sales grew 2.9%. In Canada, under-40 horsepower and 100-plus-horsepower 2-wheel-drive tractors were the only categories that experienced growth.
U.S. sales of under 40 horsepower tractors were up 2% compared with September of last year. Year-to-date U.S. sales of 40-100 horsepower tractors were up 1.5% year-to-date and down 7% compared with September of last year.
August year-to-date growth totals for total U.S. sales of 2-wheel-drive tractors topped 8%, under 40 horsepower tractors gained 10.5% and 40-100 horsepower tractors grew 2.5%.
Sales of commercial and consumer equipment, 2WD tractors less than 100 horsepower and hay tools showed sales increases in May compared with April. Sales of hay tools have increased year-to-date.
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