Strong End of Year for U.S. Equipment Sales

(MILWAUKEE, WI) Equipment manufacturers are basking in the glow of good industry growth in agricultural machine sales. According to the Association of Equipment Manufacturers (AEM) all categories recorded year-to-date growth as 2018 closed out. December year-to-date (YTD) sales of self-propelled combines increased 18 percent growth and YTD sales of 4-wheel-drive tractors gained 13 percent in the domestic market. In addition, sales of 2-wheel-drive tractors for December year-to-date grew seven percent; under-40 horsepower (HP) tractors gained nine percent; 40-100 HP tractors increased almost two percent, and 100-plus HP tractors grew more than five percent.