Michelin North America Inc. will hike its farm tire prices, including backorders, on Jan. 1.
Prices of Michelin, Kleber and Taurus brand farm tires sold in the United States and Canada will increase by an average of 6%. Prices of BFGoodrich brand farm tires will rise 3.5%.
In addition, R4 radial tire prices sold in the U.S. will increase by an average of 5% "across all compact line products," say Michelin officials.
