Compact Tractor sales Off 31%

   / Compact Tractor sales Off 31% #21  
Nuru said:
congrats on the deal. I am trying to get 0% for 48/mos. I wouldn't mind 3.9% for 60 or 72 mos.:rolleyes:


I'll give you 3.25% for 60 months and 3.75% for 72 months on a new Kioti.....
 
   / Compact Tractor sales Off 31% #22  
I expect some of the badge engineered imports to die out...especially the ones that have little or no dealer network or factory support. This might reduce some of the forums on TBN, by the way.
Even some of the larger offshore manufacturers may pull out of US sales.
It's really going to depend on how long this recession goes on.
 
   / Compact Tractor sales Off 31% #23  
RoyJackson said:
It's really going to depend on how long this recession goes on.


Take a look at the ads in the local papers, Ebay and Craig's list. More and more late models tractors of all sizes are being put up for sale. Think this trend will only get worse.
 
   / Compact Tractor sales Off 31% #24  
For The last 5 or so years the sales of >40hp compact tractors
have grown by 20%. Then last year, sales fell 3-5% giving
a 23+% drop. I have not seen the numbers for this year.
The market has become quite crowded with 15+ brands. In the 1980's, some manufacturers, ie Yanmar, Mitsubishi/Satoh?, pulled out of the U.S. leaving J.D, M.F, Ford New Holland, and Kubota to survive the economic downturn.
 
   / Compact Tractor sales Off 31% #25  
ChallengerMT265B said:
For The last 5 or so years the sales of >40hp compact tractors
have grown by 20%. Then last year, sales fell 3-5% giving
a 23+% drop. I have not seen the numbers for this year.
The market has become quite crowded with 15+ brands. In the 1980's, some manufacturers, ie Yanmar, Mitsubishi/Satoh?, pulled out of the U.S. leaving J.D, M.F, Ford New Holland, and Kubota to survive the economic downturn.

That would be a 23% drop in sales growth, not the a 23% drop in sales. Reminds of how our government whines about "budget cuts". Usually when a government office says it has had its budget cut, what it really mean is that the budget will not be growing by the amount it was originally targetted for. When their budget is frozen or increased by a smaller amount than expeced, they claim the budget has been cut.
 
   / Compact Tractor sales Off 31% #26  
0< 40 HP -22.0% YTD over last year sales
40 < 100 HP -18.4% YTD over last year sales
100+ HP +28.3% YTD over last year sales
Total 2WD Farm Tractors -15.1% YTD over last year sales


These actual sales figures are from the website CCI posted.
 
   / Compact Tractor sales Off 31% #27  
The local Kubota dealer has consolidated two sites into a nice new, large showroom and separate service facility. Seems to always be busy!:)
Closer to me
 
   / Compact Tractor sales Off 31% #28  
Thankx nuru, i got 3.9 on my B3030 package in 2005. I was thinking it would be nice to get another good rate. I think $70,000. on kubota tractors (3) in 8 years entitles me to a good rate!
 
   / Compact Tractor sales Off 31% #29  
100+ HP tractor sales are up because farmers are getting the highest crop prices in recent history. Food has jumped and ethanol is driving corn prices up. Times are getting better for farmers, so they're buying new 100+ HP tractors. Many 100HP + tractors are domestic and with the lower dollar are a better buy globally.

The under 100HP size is usually imported construction/landscaping/hobby farm size tractors and all that is on the downside nationally because of the failing economy and shrinking value of the dollar since most of these tractors are imported.
 
   / Compact Tractor sales Off 31%
  • Thread Starter
#30  
Builder said:
100+ HP tractor sales are up because farmers are getting the highest crop prices in recent history. Food has jumped and ethanol is driving corn prices up. Times are getting better for farmers, so they're buying new 100+ HP tractors. Many 100HP + tractors are domestic and with the lower dollar are a better buy globally.

The under 100HP size is usually imported construction/landscaping/hobby farm size tractors and all that is on the downside nationally because of the failing economy and shrinking value of the dollar since most of these tractors are imported.
I don't think you understand that a high corn price is very hard on the dairy industry, Beef Cattle, Poultry industry & Pork producers. Be ready to see premium cuts of beef to double in price. These corn prices may also drive cola MFG's back to sugar.
 

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