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Farm Tractor Sales for November

11 December 1997

Equipment Manufacturers Institute - Industry Data

    CHICAGO, Dec. 11 -- The Equipment Manufacturers Institute
(EMI) today released the following for Trade Press and Flash Report
Subscribers:

                   Trade Press and Flash Report Subscribers
             Farm Equipment Monthly Sales Flash -- United States
                          Month Ending NOV 30, 1997

                                          Current Month
                               This Year     Last Year     % Change

    Farm Tractors
      2 WD Farm Tractors
       Under 40 HP               3,214         2,887          11.3%
       40 & Under 100 HP         3,578         3,071          16.5%
       100 HP & Over             2,398         1,971          21.7%
       Total 2WD Farm Tractors   9,190         7,929          15.9%

      4 WD Farm Tractors           550           376          46.3%
    Total Farm Tractors          9,740         8,305          17.3%

    Self Prop Combines           1,244         1,436         (13.4%)


                                                                 Beginning
    Farm Tractors                   Year to Date                 Inventory:
     2 WD Farm Tractors     This Year    Last Year  % Change    N.A. Factory &
                                                                 U.S. Field
      Under 40 HP             49,597        45,103      10.0%        27,010
      40 & Under 100 HP       42,462        38,069      11.5%        21,509
      100 HP & Over           21,526        19,597       9.8%        12,409
     Total 2WD Farm Tractors 113,585       102,769      10.5%        60,928

     4WD Farm Tractors         5,437         4,067      33.7%         2,216
    Total Farm Tractors      119,022       106,836      11.4%        63,144

    Self Prop Combines         8,350         7,760       7.6%         2,481

SOURCE  Equipment Manufacturers Institute