Skyline Advisors
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter

Partners for Strategic Transactions

US Tractor and Combine Sales Continue Improvement

12/15/2017

0 Comments

 
Picture
According to the Association of Equipment Manufacturers, US sales of self-prop combines and tractors generally showed continued improvements year over year in November. The only category that showed weakness was sales of 4WD tractors, which came in at 107 units, down 21.9% from November 2016.

​Self-prop combine sales gained 41.1% year over year to 199 units in November. Big-ticket items such as combines and 4WD tractors are heavily influenced by net farm income, which is finally showing signs of life after a few years of declining levels. Rolling twelve-month sales were down as much as 30% at the start of 2017 but have trended toward smaller declines to neutral growth in recent months.
Picture
​Smaller-ticket items, such as 2WD tractors (particularly those with less than 100 horsepower [HP]), are less reliant on the income level of farmers and generally have shown continued strength in sales. Sales of tractors with 40 to 100 HP increased 10.7% to 3,281 units in November, and sales of tractors with less 40 HP increased 9.5% to 7,078 units in November.
Picture
Picture
0 Comments



Leave a Reply.

    Archives

    January 2019
    December 2018
    November 2018
    June 2018
    April 2018
    January 2018
    December 2017

    Categories

    All
    Autos
    Commodity Prices
    Construction
    Earnings
    Farm Machinery
    Manufacturing
    Mergers And Acquisitions
    Regulation
    Trucking

    RSS Feed

Picture
​Skyline Advisors is a division of Ideation Ventures, Inc. Services involving securities are offered through M&A Securities Group, Inc.4151 N Mulberry Drive Suite 252, Kansas City, MO, 64116  (“MAS") . Services involving real estate brokerage are offered through Berkshire Hathaway HomeServices Ambassador Real Estate ("BHHS"). Skyline, MAS, and BHHS are separate entities. 
​

COPYRIGHT 2020. ALL RIGHTS RESERVED.
Virtual Data Room
Company   Services   Team   Transactions   Industries   Reports   News
Photo used under Creative Commons from inkknife_2000 (8.5 million views +)
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter