Archive for Tuesday, January 13, 2015

U.S. farmers bought more tractors, fewer combines in 2014

January 13, 2015

— A new report shows U.S. farmers bought more tractors and fewer combines in 2014.

The Association of Equipment Manufacturers reported Monday that retail sales of farm tractors across the nation was up 3 percent with 207,833 of them sold.

But the industry group also noted a nearly 26 percent drop in combine sales with 7,993 machines sold last year.

Sales of both combines and tractors were also down for the month of December compared to the same month a year ago. Combine sales were down slightly over 40 percent and tractor sales dipped about 2 percent for the month.

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