Combine harvester sales in the U.S. and Canada continued growing while tractor unit sales stayed close to their five-year average. That’s according to new data from the Association of Equipment Manufacturers.
“The March tractor and combine report is a mixed bag,” says Curt Blades of AEM.
Overall, U.S. ag tractor sales continued sliding in March despite gains in the four-wheel drive segments, which were up 106 percent. U.S. self-propelled combine sales grew 45 percent in March, keeping the year-to-date gains above 100 percent.
All other tractor segments fell, with the sub-40 horsepower segment leading the losses in March by dropping 14.2 percent. Total U.S. farm tractor sales fell 12.1 percent compared to March 2022 and are down 15.1 percent this year.
In Canada, combine harvester sales continue growing, up 190 percent for the month and almost 200 percent year to date. Total Canadian tractor sales finished March down 24 percent.