Tractors Sales Register Slight Increase in February according to AEM Reports

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

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