AGFACTS Newsbrief Summary – January 2017

AGFACTS Newsbrief Summary – January 2017

    • New tractor sales for the 2016 calendar year were 6 602 units, 11.3% down on 2015.
    • Taken over the past five years, October and February are the highest individual tractor sales months.
    • The 5-year moving average of annual tractor sales now stands at 7 067 units, down on last year’s figure of 7 372 units.
    • The overall wheat crop is expected to be 1.876 million tons in the 2016 season; 30.2% higher than in the previous season.
    • The current overall year-on-year (smoothed) increase in prices is 7.9%.
    • Self-propelled combine harvester sales of 185 units in 2016 were 14.4% down on the previous year.