Home / News / Business news / Tractor sales up, combine sales down

Tractor sales up, combine sales down

Jeff Caldwell 03/21/2012 @ 8:03am Multimedia Editor for Agriculture.com and Successful Farming magazine.

Farmers are buying more tractors so far this year than they were a year ago, according to a report from the Association of Equipment Manufacturers (AEM) out this week.

As of last month, tractor sales in all size categories were up 7% over February 2011. That adds up to around 18,600 tractors sold so far in 2012 compared to just shy of 17,800 through February 2011.

Leading the sales increase in February is 2-wheel-drive 100+ horsepower tractors; the sales of these machines are up 14% over a year ago. Four-wheel-drive tractors were up 12% from last February, while 2-wheel-drive small tractors under 40 horsepower were actually down 2%. Add those numbers up with January sales and small tractors are up 9% for the year while 2-wheel-drive large tractor sales are up 6% and 4-wheel-drive tractors are down 11% through the first 2 months of the year versus the same period in 2011.

Combine sales are showing a different trend, however; for the month of February, these sales were down 54%, meaning a 52% decline for the first 2 months of the year. Sales of combines for that time period are just shy of 760.

CancelPost Comment
MORE FROM JEFF CALDWELL more +

The [A] List: 3 Big Things This Morning… By: 04/21/2015 @ 6:21am Potential room for corn bulls to run on the way?Though the grains are lower across the board…

Corn Planting Still Behind Schedule; More… By: 04/20/2015 @ 3:37pm Just shy of 10% of the nation's corn crop is planted. Though that's a fairly sizable step…

Not Planting Corn Yet? Is Your Planter… By: 04/20/2015 @ 1:22pm Weekend rainfall's likely derailed any plans a lot of farmers in the Plains and Midwest may…

MEDIA CENTERmore +
This container should display a .swf file. If not, you may need to upgrade your Flash player.
Planter tips: Finger pick-up
Agriculture.com

FREE MEMBERSHIP!

CLOSE [X]