Under 40HP Tractors Still the Bright Spot in U.S. Ag Tractor and Combine Sales

It was more of the same in May for U.S. retail sales of ag tractors and combines, with under 40HP tractors leading the way and sales of larger tractors and combines continuing to lag, according to data from the Association of Equipment Manufacturers.  U.S retail sales of farm tractors under 40HP were up 9.4 percent in May 2016 compared to the same time period last year, and up 15.5 percent January through May. For 2WD tractors 40-100HP, sales were up slightly for May compared to last year – plus 1.4 percent,  and year-to-date are tracking at minus 2.1 percent.  May sales of 2WD 100+HP tractors in the U.S. declined 3.5 percent, with year-to-date sales down 24.3 percent, while 4WD tractors dropped 26.1 percent year-over-year and dipped 30.6 percent year-to-date.