AEM’s August Ag Equipment Sales
The Association of Equipment Manufacturers (AEM) August sales figures for the agricultural equipment markets show the steadily decline the farm market has experienced in 2006.
For the month of August, all of the categories tracked by AEM, except for 40 to 100 hp two-wheel-drive farm tractors, are showing double digit drops in sales. The total tractor market is down 10.5% in August and combines are down 21.5%
For the year, only 40 to 100 hp tractors are showing a sales increase (0.9%). Tractors smaller than 40 hp are down 2.1%, 100+ hp tractors are off 15.5% and combines are down 4.5%. Through August, the total