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Tractor sales continue to slide

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U.S. tractor sales continue to lag behind a year ago.  The Association of Equipment Manufacturers (AEM) says 15,837 farm tractors were sold in March, down 9 percent from March of 2014.

Two-wheel-drive sales were more than 8 percent lower at 15,461 including a 23 percent drop in sales of two-wheel-drives over 100 horsepower.

Four-wheel-drive tractor sales totaled 376 in March, nearly 30 percent below a year ago.

For the first three months of the year, total tractor sales are nearly 5 percent lower with two-wheel-drive sales off 3 percent and four-wheel-drive sales down 44 percent.

Self-propelled combine sales were down nearly 57 percent in March and down 45 percent year-to-date.

Read the AEM U.S. report here:

North of the border: Canadian tractor sales were up more than 15 percent in March at 1,796 units.  However, year-to-date sales are nearly 5 percent below the first three months of 2014.

Read the Canadian AEM report here:

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