July 2018 tractor sales of 525 units were approximately 3% higher than the 508 units sold in July last year (2017). On a year-to-date basis, tractor sales for the first seven months of 2018 are almost 11% up on 2017.
July combine harvester sales of 12 units were one unit less than the 13 units sold in July 2017. On a year-to-date basis combine harvester sales are now approximately 6% down on last year.
Tractor sales remain quite buoyant, in a market which is still very competitive. Overall crop prospects are good but maize harvesting, in particular, is running very late because crops in many areas are still quite moist. The recent strength of the market has been boosted by sales of smaller tractors in non-traditional areas, outside of the main grain-growing areas.
With these higher levels of tractor sales in recent months, industry forecasts are now running at a level of between 6 750 and 7 000 units, between 5% and 10% up on 2017 sales.