Compared to 2019, U.S. tractor sales for December of 2020 are up 34 percent. That is according to a new report by the Association of Equipment Manufacturers.
In 2019 almost 245,000 tractors were sold; over 288,000 were sold in 2020. That puts an increase of sales at 18 percent.
Combine sales were also up on the year, an increase of 6 percent. However, sales for the month of December were down 2 percent.
For December:
- two-wheel drive tractors that were under 40 HP-- increased 37 percent
- two-wheel drive tractors that were between 40 and 100 HP-- increased 33 percent
- Over 100 HP-- increased 22 percent
For the year:
- two-wheel drive tractors that were under 40 HP-- increased 21 percent
- two-wheel drive tractors that were between 40 and 100 HP-- increased 14 percent
- Over 100 HP-- increased 3 percent
Four-wheel drive tractors were down 4 percent for the month of December, but increased in sales for the year by 4 percent.
Story via AgriMarketing
