Unit sales of 100+ horsepower ag tractors increased slightly in February 2024 in the U.S., according to new data from AEM. The month recorded an increase of 2.8% compared to February 2023.
However, year-to-date data reflects sales below 2023 in total units of ag tractors and combines. Ag tractor sales dipped 14.2%, while combines finished under 18.9%.
In Canada, combine sales jumped 27.2% in February 2024 compared to 2023, and are up a total of 6.3% year-to-date compared to last year. 131 combines were sold in February, adding to the overall year-to-date sales of 255 units.
“The combine sales in Canada are a bright spot when we take a deeper look at February’s performance.
The uptick in sales of 100+ horsepower ag tractors in the U.S. also bodes well for the long-term strength of our industry moving forward.”
affirms AEM Senior Vice President Curt Blades.
Total ag tractor sales fell in Canada by 28.2% year-to-date compared to 2023.
The Ag Tractor and Combine reports can be found on the AEM Market Share Statistics page.
Source: AEM