350 new harvester deliveries, 23% increase in baler sales, and tractor sales down 18%.
Harvester sales in Australia are thriving, with 350 new deliveries in September and a 23% increase in baler sales. In contrast, tractor sales are struggling, down 18% year-over-year and 26% year-to-date. Despite this, 11% of farmers plan to purchase tractors within the next year, and 18% within two years, indicating potential future demand. Additionally, 49% of farmers rate their economic situation positively, suggesting optimism in the sector.
October 13, 2024
4 Articles