WASHINGTON — Combine harvester sales remain positive, joined by 4WD units for both the U.S. and Canadian markets, while total tractors fell in both countries according to the latest data from the Association of Equipment Manufacturers (AEM).
Total U.S. ag equipment unit sales fell overall, though the largest units grew. U.S. total farm tractor sales fell 20.8 percent for the month of November compared to 2021, with the sub-40hp segment leading losses at 27.9 percent. U.S. self-propelled combine sales for the month grew 8.3 percent to 314 units sold, one of only two segments positive for the year (up 15.7% YTD). The other segment growing YTD, 100+hp units, grew 6.2 percent for the month (now up 13.3 percent YTD). Total farm tractor sales are down 14.5 percent year-to-date.
In Canada, only two segments showed growth for a second month, both more than doubling: 4WD tractors (up 170.6 percent) and combine harvesters (up 105.3 percent). Overall unit sales in tractors were down 11.1 percent. The sub-40hp segment led losses in Canada as well, down 9.3 percent, followed by mid-range 40-100hp units, down 4.4 percent. Unit sales in 2WD segments fell 12.4 percent overall, with only 100+hp units positive, up 1.5 percent for the month. Year-to-date farm tractor unit sales were down 6.9 percent in Canada, while harvesters remain positive for the year, now up 9.6 percent.
“While the total sales markets are down, the sale of larger ag-focused equipment continues to be strong,” said Curt Blades, senior vice president, industry sectors and product leadership at the Association of Equipment Manufacturers. “The overall reduction in numbers is attributed to small tractor sales which were experiencing unprecedented growth during the pandemic. However, with the efficiency and yield gains in new row-crop tractors and harvesters, it’s easy to see why those segments continue to grow.”
The full reports can be found in the Market Data section of the AEM website under Ag Tractor and Combine Reports.
U.S.:Â Â https://www.aem.org/market-data/statistics/us-ag-tractor-and-combine-reports/
Canada:Â Â https://www.aem.org/market-data/statistics/canadian-ag-tractor-combine-reports/
AEM is the North America-based international trade group representing off-road equipment manufacturers and suppliers with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry in the United States supports 2.8 million jobs and contributes roughly $288 billion to the economy every year.
–Association of Equipment Manufacturers
RECOMMENDED ARTICLES
MILWAUKEE, Wis. — Combine harvester sales grew for August in both the U.S. and Canada, while total tractors fell in the U.S., but grew in Canada according to the latest data from the Association of Equipment Manufacturers (AEM). Total U.S. ag equipment unit sales rose above the 5-year average for the first time since April […]
MILWAUKEE — With Father’s Day coming up quickly, the Association of Equipment Manufacturers (AEM) Hall of Fame wants to recognize the families inducted, either together, or over generations. The AEM Hall of Fame is accepting 2022 nominations until June 17, and they can be submitted online at this link. “With 66 individual members, it amazes […]
MILWAUKEE, Wis. — Ag tractor and combine unit sales in April 2022 declined for the second month in a row, owing largely to supply chain difficulties, according to the latest data from the Association of Equipment Manufacturers (AEM). U.S. total farm tractor sales fell 22.3 percent for the month of April compared to 2021, while […]
MARYSVILLE, Ohio — The Ohio Cattlemen’s Association’s (OCA) Beef Exhibitor Show Total (BEST) program wrapped up the 2021-2022 BEST season on May 7 at the Ohio Expo Center in Columbus. More than 800 BEST exhibitors and families gathered to watch youth receive awards for their show success, cattle industry knowledge, photography skills, community service efforts and […]
MILWAUKEE, Wis. — The Association of Equipment Manufacturers (AEM) Hall of Fame recognizes the pioneers whose inventions, ideas, leadership and courage have contributed to the industry and our community’s quality of life. Since 1993, the AEM Hall of Fame (formerly CIMA Hall of Fame) has honored pioneering individuals who invented, managed, built and led the […]
