January 2022: Tractor and combine harvester sales
January tractor sales of 559 units were 20% more than the 465 units sold in January last year. Combine harvester sales of four units were one unit less than the five units sold in January last year.
Initial indications, based on preliminary estimates of maize plantings by the Crop Estimates Committee, are that the size of the maize crop currently on the land will be similar to what it was last year. This is of course provided that the yields will be similar to those of last year. The initial summer crop production figures to be released at the end of February by the Crop Estimates Committee will give better indications in this regard.
Initial industry forecasts for the 2022 calendar year are that tractor sales will be similar to those in 2021, with combine harvester sales approximately 10% lower than last year.
