NZ tractor sales set to match records this year on buoyant farming

Tue, 18 Nov 2014

By Tina Morrison Nov. 18 (BusinessDesk) - New Zealand tractor sales are expected to match record highs for the modern farming era this year, as farming incomes are boosted by high milk prices and good growing conditions. Sales of tractors of at least 40 horsepower, the most common measure for farm tractors, have reached 2,536 in the first nine months of this year and are expected to climb by year's end to match the 3,515 total for 2005, the highest level since the Tractor and Machinery Association began gathering the data in 1990. Some 60...

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