The Joplin Globe, Joplin, MO

Business

April 11, 2014

Report: Sales of combines down in March

WICHITA, Kan. — An industry report shows U.S. sales of combines were down in March compared to the same month a year ago, even as farmers purchased more tractors during the same period.

The Association of Equipment Manufacturers reported Thursday a more than 21 percent drop last month in sales of combines nationwide. The group said 772 combines were sold, compared to 983 for the same month last year.

But sales of all farm tractors were up more than 13 percent compared to a year ago, with 17,566 of tractors sold in March.

For the first three months of the year, combine sales have been down 10 percent. During that same three-month period, tractor sales have gone up 5 percent.

 

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