Small Tractor Sales On The Rebound

U.S. retail sales of tractors under 40 horsepower (HP) and 40 to 100 HP rebounded in August, while sales of the larger tractors, as well as combines, continued their double-digit declines, according to the latest monthly data from the Association of Equipment Manufacturers.

U.S. retail sales for 2-wheel-drive (WD) tractors under 40 HP gained 21.2% in August compared to a 6.3% decline in July, with year-to-date (YTD) sales up 11%.

While August sales of 2WD tractors 40 to 100 HP were down 0.7% that compares to a 23.3% decline for July, improving the still-negative year-to-date numbers slightly to a – 5.3%.

Monthly sales of the larger tractors and combines fluctuated a little from July, but the pace of year-to-date sales in August was virtually unchanged compared to July:

Sales of 2WD 100-plus HP tractors in the U.S. dropped 27% for August, with August year-to-date sales down 24.2%; down 24% July YTD.

August 4WD tractor sales declined 48.1% year-over-year and were down 33.7% for August year-to-date; down 33.6% July YTD.

Combine sales declined 22.4%for August and recorded a 22.1% drop for August year-to-date; down 22.0% July YTD.

“Growth in the under 40 HP tractor segment was strong for August and farm tractors in the 40 to 100 HP range once again reversed their monthly trend,” said Charlie O’Brien, Association Senior Vice President. “When combined, these two segments outperformed their five-year average (from 2011 to 2015), mainly driven by the smaller equipment, however.

“Earlier in the year, we felt that the market was stabilizing, but as we pass the midpoint of 2016, we continue to see the smaller equipment is thriving overall, while the larger production ag equipment remains depressed,” O’Brien adds.

Topics:

Leave a Reply

Equipment Stories
Citrus
February 5, 2017
New Product Helps Bees Brush Off Mites
A British company developed Bee Gym, distributed by Vita Ltd. Read More
Equipment
January 30, 2017
The Latest Developments in Sprayer Technology for Vegetable Growers
Cornell University’s Andrew Landers offers details on the latest advancements in sprayers, tips to reduce drift, and how to choose the proper nozzle. Read More
Mobile technology farming
Citrus
January 17, 2017
The Future of Agriculture is in Your Hands — Literally [Opinion]
Can farmers actually reach the point of having too much information? Read More
Case IH autonomus tractor
Equipment
January 17, 2017
Agricultural Robots No Longer Science Fiction
New automated technologies could help specialty crop growers deal with labor crisis. Read More
Example of how farmers can use iPads to track data around his operation
Citrus
January 16, 2017
Precision Agriculture and Big Data Gaining Traction Fast
Specialty crop adoption of hort tech to usher in new efficiencies and transparency. Read More
Action shot of an automated strawberry picker from Harvest CROO
Equipment
December 6, 2016
USDA Announces $3 Million For Robotic Agriculture Research
More evidence being found about how people can benefit from automation in the field. Read More
sprayer nozzles
Equipment
November 28, 2016
New Video Series To Enhance Safety And Efficacy of Spray Applications
Videos cover the science behind key topics and best practice recommendations, which include understanding droplet size and spectrum. Read More
Equipment
November 14, 2016
New 4×4 Vehicle Offers Four-Passenger Seating
With increased room in vehicle, additional personnel can be transported to complete tasks on the farm. Read More
Equipment
October 25, 2016
Agricultural Mechanization: One Theme Of EIMA International
The show to be held in Italy will highlight some of the latest spraying, irrigation, and harvesting equipment. Read More
Massey Ferguson 4700 Global Series
Citrus
October 18, 2016
Make Tracks With These New Farm Tractors
Take a look at a trio of recent farm tractor releases from several leading manufacturers. Read More
Action shot of an automated strawberry picker from Harvest CROO
Citrus
October 17, 2016
Ag-Tech Tools Are Beyond Cool, They’re A Necessity
This kind of innovation is not just about labor-saving convenience, it could save an industry without having to completely alter the way a crop is grown. Read More
Berries
October 1, 2016
New Mechanical Strawberry Transplanter Wows
New tool, developed in California, helps to alleviate labor needs during summer planting season. Read More
Organic farmer on tractor
Equipment
September 28, 2016
Small Tractor Sales On The Rebound
Retail sales of tractors under 40 horsepower gained more than 21% last month, while sales of larger tractors continued their double-digit declines. Read More
Action shot of an automated strawberry picker from Harvest CROO
Berries
September 22, 2016
Investors Clamoring For Automated Strawberry Picking Technology
Naturipe joins growing list of backers in the labor-saving vision and mission of ag-tech startup. Read More
Equipment
September 6, 2016
Trimble Announces Seamless Farm Data Integration With John Deere Operations Center
This initiative will ensure accurate records and eliminate duplicate data entry.   Read More
The Latest
Equipment
April 12, 2017
6 Things to Consider When Picking Out a …
In the market for a new planter or transplanter? Then how you harvest matters just as much as your planting window and budget. Read More
Equipment
April 4, 2017
What’s New in Tractors for Vegetab…
Take a look at these new models and retrofit opitons ideal for specialty crop growing. Read More
Equipment
February 17, 2017
Wanted: Tech Innovators for Drone Challe…
Land O'Lakes Prize offers up $150,000 to help make drones more useable for farmers Read More
Citrus
February 5, 2017
New Product Helps Bees Brush Off Mites
A British company developed Bee Gym, distributed by Vita Ltd. Read More
Equipment
January 30, 2017
The Latest Developments in Sprayer Tech…
Cornell University’s Andrew Landers offers details on the latest advancements in sprayers, tips to reduce drift, and how to choose the proper nozzle. Read More
Citrus
January 17, 2017
The Future of Agriculture is in Your Han…
Can farmers actually reach the point of having too much information? Read More
Equipment
January 17, 2017
Agricultural Robots No Longer Science Fi…
New automated technologies could help specialty crop growers deal with labor crisis. Read More
Citrus
January 16, 2017
Precision Agriculture and Big Data Gaini…
Specialty crop adoption of hort tech to usher in new efficiencies and transparency. Read More
Equipment
December 6, 2016
USDA Announces $3 Million For Robotic Ag…
More evidence being found about how people can benefit from automation in the field. Read More
Equipment
November 28, 2016
New Video Series To Enhance Safety And E…
Videos cover the science behind key topics and best practice recommendations, which include understanding droplet size and spectrum. Read More
Equipment
November 14, 2016
New 4×4 Vehicle Offers Four-Passeng…
With increased room in vehicle, additional personnel can be transported to complete tasks on the farm. Read More
Equipment
October 25, 2016
Agricultural Mechanization: One Theme Of…
The show to be held in Italy will highlight some of the latest spraying, irrigation, and harvesting equipment. Read More
Citrus
October 18, 2016
Make Tracks With These New Farm Tractors
Take a look at a trio of recent farm tractor releases from several leading manufacturers. Read More
Citrus
October 17, 2016
Ag-Tech Tools Are Beyond Cool, They̵…
This kind of innovation is not just about labor-saving convenience, it could save an industry without having to completely alter the way a crop is grown. Read More
Berries
October 1, 2016
New Mechanical Strawberry Transplanter W…
New tool, developed in California, helps to alleviate labor needs during summer planting season. Read More
Equipment
September 28, 2016
Small Tractor Sales On The Rebound
Retail sales of tractors under 40 horsepower gained more than 21% last month, while sales of larger tractors continued their double-digit declines. Read More
Berries
September 22, 2016
Investors Clamoring For Automated Strawb…
Naturipe joins growing list of backers in the labor-saving vision and mission of ag-tech startup. Read More
Equipment
September 6, 2016
Trimble Announces Seamless Farm Data Int…
This initiative will ensure accurate records and eliminate duplicate data entry.   Read More