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%.
Zero-turn mowers top the list of product lines dealers will be adding, with about 35% adding the equipment in 2020, according to Rural Lifestyle Dealer's Business Trends & Outlook Report. See what categories round out the top 5.
Farmers' perceptions of an improving ag economy going forward could be laying the groundwork for increased capital investments in the year ahead, according to the results of the Purdue University-CME monthly farmer survey.
Here are the top 5 categories driving unit sales growth for rural equipment dealers, according to Rural Lifestyle Dealer's 2020 Dealer Business Trends and Outlook Report.
The Equipment Dealers Assn. survey enables equipment dealers throughout North America to rate the manufacturer lines they carry in key operational categories. It will remain open through March 13, 2020.
The trend toward moderated optimism for the rural equipment market that showed up in 2019 looks to continue this year, with aftermarket revenue and zero-turn mowers being growth drivers in 2020. This is based on responses from dealers across North America in Rural Lifestyle Dealer’s 12th annual Dealer Business Trends & Outlook Report.
The agreement requires structural reforms and other changes to China’s economic and trade regime in the areas of intellectual property, technology transfer, agriculture, financial services, and currency and foreign exchange.
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.
Lessiter Media editors visited RhinoAG in Gibson City, IL to get a behind-the-scenes glimpse at the production processes and attention to detail that have contributed to their longevity as they celebrate their 90th anniversary in 2024.
Yanmar America is the North American headquarters of Yanmar Holdings. Ranked #1 in Product
Quality for five years in a row by the Equipment Dealers Association, Yanmar provides innovative
solutions for Rural Lifestyle and Industrial Equipment customers.
Yanmar was the world’s first manufacturer to develop a practical small diesel engine in 1933 and
has continued to push the boundaries of innovation and technology ever since. As a manufacturer of
diesel engines, compact tractors and utility task vehicles, construction machinery, and industrial
equipment, Yanmar's products are sold in over 130 countries.
At Yanmar America, we are committed to providing our customers with the highest quality products
and services, backed by a strong team of professionals who share our dedication to excellence. We
look forward to the opportunity to work with you in achieving your goals.
Virginia Beach-based STIHL Inc., produces a full line of high-quality, handheld outdoor power equipment including blowers, trimmers, brushcutters, and multi-task tools, as well as the number one selling brand of chainsaws worldwide. STIHL Inc. manufactures over 260 model variations of handheld outdoor power equipment for sale in the U.S. and around the world.