Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   

Agricultural News


Association of Equipment Manufacturers Report Positive Ag Tractor and Combine Sales in August

Wed, 12 Sep 2018 11:01:03 CDT

Association of Equipment Manufacturers Report Positive Ag Tractor and Combine Sales in August U.S. sales of tractors and combines remained positive in August, according to the latest report from the Association of Equipment Manufacturers (AEM).


U.S. sales of self-propelled combines gained 23 percent in August compared to last year, and U.S. sales of 4-wheel-drive tractors grew 17 percent month-over-month. Year-to-date growth in U.S. sales reached 24 percent for combines and 13 percent for 4-wheel-drive tractors.


Total August U.S. sales of 2-wheel-drive tractors grew 14 percent compared to last year with gains in all size categories: 19 percent for under-40 HP tractors, 3 percent for 40-100 HP tractors, and 27 percent for 100-plus HP tractors.


August year-to-date growth for total U.S. sales of 2-wheel-drive tractors topped 8 percent: under-40 HP tractors gained 10.5 percent; 40-100 HP tractors grew 2.5 percent; and 100-plus HP tractors increased 7 percent.


“While we’re pleased with these positive numbers, we still face concerns. For example, we have a potential rewrite of NAFTA added to steel and aluminum tariffs, and the USDA recently predicted a double-digit decline in net farm income,” said Curt Blades, AEM senior vice president, AG services. “We’re continuing to push for trade action that does not harm farmers or equipment manufacturers as well as a timely passage of a farm bill to help bring some certainty to the marketplace.”


Click here to view the full report online.


Source - AEM




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Friday, January 18, 2019  Fri, 18 Jan 2019 14:57:27 CST
  • Friday Afternoon Market Wrap-Up with Carson Horn  Fri, 18 Jan 2019 14:35:02 CST
  • Activist Watchdog Hannah Thompson-Weeman Exposes Extremists' Strategies, How to Fight Them  Fri, 18 Jan 2019 14:17:23 CST
  • Oklahoma House of Representatives Completes Bill Filing Process for the 2019 Legislative Session  Fri, 18 Jan 2019 12:41:05 CST
  • Peterson Welcomes New and Returning House Agriculture Committee Members for 116th Congress  Fri, 18 Jan 2019 12:31:23 CST
  • Farm Bureau Ready to Work with Rep. Zoe Lofgren, New Chair of House Immigration Subcommittee  Fri, 18 Jan 2019 11:44:56 CST
  • TTU Researcher, Administrator Eric Hequet Receives National Cotton Genetics Research Award  Fri, 18 Jan 2019 11:19:45 CST
  • As Rates Tick Up, Growth in Operating Loans Boosts Farm Lending - According to Federal Reserve  Fri, 18 Jan 2019 10:45:50 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Oklahoma City Farm Show Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.