Self-propelled combines gain 23% in August compared to last year.

September 13, 2018

1 Min Read
U.S. tractor, combine sales stay positive

U.S. sales of tractors and combines remained positive in August, according to the latest report from the Association of Equipment Manufacturers (AEM).

U.S. sales of self-propelled combines gained 23% in August compared to last year, and U.S. sales of 4-wheel-drive tractors grew 17% month over month. Year-to-date growth in U.S. sales reached 24% for combines and 13% for 4-wheel-drive tractors.

Total August U.S. sales of 2-wheel-drive tractors grew 14% compared to last year with gains in all size categories: 19% for under-40 HP tractors, 3% for 40-100 HP tractors and 27% for 100-plus HP tractors.

August year-to-date growth for total U.S. sales of 2-wheel-drive tractors topped 8%: under-40 HP tractors gained 10.5%, 40-100 HP tractors grew 2.5% and 100-plus HP tractors increased 7%.

“While we’re pleased with these positive numbers, we still face concerns,” said Curt Blades, AEM senior vice president, AG services. “For example, we have a potential rewrite of NAFTA added to steel and aluminum tariffs, and the U.S. Department of Agriculture recently predicted a double-digit decline in net farm income.”

Blades said AEM is continuing to push for trade action that does not harm farmers or equipment manufacturers as well as a timely passage of a farm bill to help bring some certainty to the marketplace.

 

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