March tractor sales of 600 units were significantly (17%) down on the 726 units sold in March last year. Year-to-date sales for the first three months of this year are also significantly (almost 19%) down on last year. On a rolling 12-month basis tractor sales are 5% down on last year. March combine harvester sales of 23 units were two units down on the 25 units sold in March last year. Year-to-date sales are significantly (22%) down on last year. On a rolling 12-month basis combine harvester sales are marginally (3%) down on last year.
Prospects for the summer crop are threatened by the possibility of early frost which could cause considerable damage to late-planted crops. As the year unfolds, indications are that sales will level out at between 5% and 10% below the 6 700 units sold last year. – SAAMA