Now is a good time to buy new machinery
Written by admin on July 23, 2010 – 11:40 am -Jeff Caldwell Agriculture Online Multimedia Editor For the last 3 years, the trend lines for tractor sales all followed the same basic pattern. So far, for 2009, that's been true, with one major exception: The line looks the same, only it's a ways lower on the chart. Tractor sales have dropped this year, a sign, some say, of the tough economic times. According to the Association of Equipment Manufacturers (AEM), year-to-date sales for 2009 are around a quarter lower than they were a year ago. For the month of May, a total of 17,782 tractors have been sold, AEM data shows, compared to 24,068 at the same time a year ago. That's a 26.1% sales decline. Those numbers contribute to a 66,676 figure for total tractor sales for the year so far, down... more
Tags: buying tractors online, Farm Economy, Used Tractors
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