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Lifestyle block owners help drive strong tractor sales - Vimarsana News

Lifestyle block owners help drive strong tractor sales

Lifestyle block owners help drive strong tractor sales Newshub 3/05/2021 © Getty Overall tractor sales were up more than 19 percent for the first quarter of the year. Strengthening commodity prices and strong demand from lifestyle block owners are driving a lift in tractor sales. The Tractor and Machinery Association said overall tractor sales were up more than 19 percent for the first quarter of the year compared to the same three months in 2020. Association president Kyle Baxter said farmers and rural contractors were feeling more confident about the outlook and were investing in new e...

Source: msn.com
Tractor industry remains optimistic for year ahead after challenging 2020 - Vimarsana News

Tractor industry remains optimistic for year ahead after challenging 2020

Tractor industry remains optimistic for year ahead after challenging 2020 Newshub 18/01/2021 The country's tractor industry is optimistic about the year ahead after a challenging 2020. Overall tractor sales fell 15.3 percent last year compared to 2019, with sales of bigger machines (those with 375 horsepower or more) down 25 percent. However, Tractor and Machinery Association (TAMA) president Kyle Baxter says the industry remains positive after a strong end to the year, with December sales up 18.4 percent on 2019. Baxter said TAMA members were reporting demand for tractors was now "steadily...

Source: msn.com