In August this year, tractor sales of 438 units were one unit up compared to the 437 units sold in August last year. On a year-to-date basis, tractor sales are now only 3% down compared to August last year.
In August this year, 13 combine harvesters were sold compared to zero sales during the same period last year. On a year-to-date basis, combine harvester sales are now 18% up compared to August last year.
Positive sentiment in the agricultural industry
Although there were quality problems with some of the summer crops due to the late rains, yields were generally good. This, together with good winter crop prospects and encouraging predictions for the forthcoming summer crop season, has led to overall sentiment in the agricultural industry being positive. This trend is likely to continue in the short term.
However, future sales will still be affected by the availability of older, lower-priced stock and the effect of the rand’s exchange rate on future equipment prices. Overall estimates for the 2020 calendar year are now certainly looking better, with sales likely being at similar levels to those of 2019. – Press release, South African Agricultural Machinery Association
Click here to view July’s tractor sale report.
The South African Agricultural Machinery Association (SAAMA) is the official body representing new agricultural machinery manufacturers, importers and builders. SAAMA was founded in 1985. As the official body, SAAMA serves as a combined forum for the agricultural machinery industry in South Africa in which the interests of its members and agriculture as a whole are addressed, promoted and developed.
SAAMA promotes and co-ordinates the collection, processing and publication of agricultural machinery industry statistics.
The SAAMA technical working group focuses on providing direction and support for practical compliance to existing and new legislation which may affect members and their customers.