NZ tractor sales hit decade high in Q3 on record dairy payout, high kiwi

Mon, 01 Dec 2014

By Tina Morrison Dec. 2 (BusinessDesk) - New Zealand tractor sales hit their highest level in a decade in the third quarter as farmers benefiting from this year's record milk payout and the high local currency bought new equipment. Tractor registrations rose 8.8 percent to 925 in the three months through September, from the same quarter a year earlier, according to Land Transport Safety Authority figures published by Statistics NZ. The three-month period would have captured orders from the NZ National Agricultural Fieldays at Mystery Cree...

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