SAAMA Press Release – September 2017

 

 

 

September 2017:  Tractor and Combine Harvester Sales

 

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

 

 

 

Equipment Category Unit Sales Percentage change, % Unit Sales Percentage change, %
September – Month September – Year-to-date
2017 2016 2017 2016
Tractors 552 623 -11.4 4 675 4 486 4.2
Combine Harvesters 4 10 -60.0 160 148 8.1

 

 

September tractor sales of 552 units were significantly (11%) down on the 623 units sold in September last year.   On a year-to-date basis tractor sales are now 4% up on what they were this time last year..   September combine harvester sales of four units were also significantly down on the ten units sold in September last year.   Combine harvester sales for the year-to-date are now 8% up on last year.

With the official estimate of the size of the current maize crop having been increased again this month, this time to an all-time record of 16.7 million tons and, despite the weakening of the rand, the maize price is still under pressure.   The overall sentiment in the market remains positive.   However, farmers are quite cautious about buying new equipment ahead of the summer-cropping season.   Equipment sales for the rest of the 2017 calendar year will largely depend on how the summer rainfall season develops.   Nevertheless, expectations for 2017 are that tractor sales could exceed those of last year and may even go above 6 000 units.

 

 

 

Lucas Groenewald
Chairman: South African Agricultural Machinery Association

 

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