Archive Article: 2002/06/21

21 June 2002

Tractor sales keep on chugging along

Its a mystery. Tractor sales continue to flourish, but no one knows why.

Despite low commodity prices and falling incomes, there is no denying the optimism among some farmers and in the machinery industry.

Sales so far this year are 45% up on last year. The big question is will sales continue at the same level for the rest of the year? On current form, most makers could do worse than consult a crystal ball. There seems to be no more reliable method of making sense of the fickle machinery market.