Agco joins Deripaska empire to ramp up in Russia Agrimoney.com Agco has agreed a joint venture with Oleg Deripaska's aviation-to-agriculture empire to set up a manufacturing operation in Russia market, following rivals such as Deere into what is...
According to the Association of Equipment Manufacturer's monthly "Flash Report," the sale of all tractors in the U.S. for August 2013, were up 13% compared to the same month last year.
For the eight months in 2013, a total of 137,776 tractors were sold which compares to 122,324 sold thru August 2012, representing an 13% increase year to date.
For the month, two-wheel drive smaller tractors (under 40 HP) were up 14% from last year, while 40 & under 100 HP were up 13%. Sales of 2-wheel drive 100+ HP were up 15%, while 4-wheel drive tractors were up 3%.
For the eight months, two-wheel drive smaller tractors (under 40 HP) are up 13% over last year, while 40 & under 100 HP are up 7%. Sales of 2-wheel drive 100+ HP are up 25%, while 4-wheel drive tractors are up 8%.
Combine sales were down 7% for the month. Sales of combines for the first eight months totaled 6,669, an increase of 27% over the same period in 2012.
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