January data just published by the Association of Equipment manufacturers (AEM) shows prominent growth in all but two categories, indicating a strong sales trends within the industry despite a weak overall farm economy.
Total tractor sales in North America rose by nearly 5% in January to nearly 12,000 units. The only fly in the ointment was the 40-100hp sector which declined by nearly 7% and sales of 100hp+ tractors fell by 3.5%. New combine sales increased by 14.5% in January to 261 units.
According to the AEM, the number of tractors sold in the US last year increased by 7% to nearly 236,000 and combine sales were up 18% to around 4,850.