SAAMA Press release – April 2017

April 2017 TRACTOR and COMBINE HARVESTER SALES

Retail sales of agricultural equipment during April 2017 were as follows:

Month of May
Percentage change %
   Year-to-date
Percentage change %
2017
2016
2017
2016
Tractors
398
400
-0.5
2 066
2 145
-3.7
Combine Harversters
30
21
42.9
87
73
-19.2

April tractor sales of 398 units were just two units less than the 400 units sold in April last year.   On a year-to-date basis tractor sales are now only approximately 4% down on last year.   April combine harvester sales of 30 units were approximately 43% up on the 21 units sold in April last year.   Combine harvester sales for the year-to-date are almost 19% up on last year.

Overall, crop prospects look very good.   The maize crop forecast of 14.5 million tons is marginally less that the all-time record crop of 14.7 million tons in 1981.   Maize yield this season, forecast to be 5.53 t/ha, is the highest yield ever.   The soya bean crop, at 1.23 million tons is the largest crop ever produced.   However, these excellent crop prospects have had an adverse effect on crop prices.   At this stage of the season, farmers are cautiously optimistic, waiting to see exactly what their crop harvests will actually be.

Expectations for 2017 are that overall tractor sales should be at least as good as those in 2016.

Lucas Groenewald
Chairman: South African Agricultural Machinery Association

Contact: Mr. Lucas Groenewald (082) 804-8463 or Dr. Jim Rankin (011) 453-7249