Four-wheel-drive tractors and combine harvesters continue growth while some other segments continue declines, according to the latest data from the Association of Equipment Manufacturers (AEM).
Overall U.S. ag tractor unit sales gained in all but one segment. U.S. self-propelled combine sales grew the most, up 54.6%, with 4WD tractors up 51.1% and 100-plus horsepower two-wheel-drive units up 9.8%. However, a 2.7% decline in the sub-40 horsepower segment resulted in a 0.7% reduction in total farm tractors.
Total farm tractor sales in the U.S. for the year are down 12.2% versus 2022, while combines are up 68.3%.
In Canada, combine harvesters were the biggest growth spot as well, up 68.3% for the month, and 107.7% for the year. Total unit sales in tractors finished the month down 11.3% due to losses in the sub-40-horsepower and 40- to 100-horsepower segments, down 14.7% and 13.1% respectively.
Source: michiganfarmnews.com
Photo Credit: gettyimages-orientaly
Categories: Michigan, Equipment & Machinery