The latest data from the Association of Equipment Manufacturers (AEM) shows unit sales of 4WD ag tractors rose significantly in both the U.S. and Canada in September.
In the U.S., 100+ horsepower 2WD tractors as well as 4WD tractors grew year over year, AEM says, adding that both segments along with self-propelled combines remain positive for the year. Among tractors, 4WD units saw the biggest overall growth, increasing over 113% in September. In Canada, 4WD sales finished the month up more than 91%.
“With the technology in today’s equipment, it’s no surprise to see the 4WD segment continuing to grow as farmers look to increase their yields,” says Curt Blades, senior vice president, industry sectors and product leadership at AEM. “This segment has been strong all year, as farmers are continuing to invest in productivity gains for their operations.”
According to AEM, overall unit sales of U.S. tractors are down 4.3% year over year, with 100+ horsepower 2WD units being the only other growth segment. Combine sales finished nearly flat, the organization says, only selling 8 fewer units than the previous year. Canadian tractor sales fell nearly 14%, and combines dropped more than 37%.
Year to date at the end of 3Q2023, combine sales are positive overall, up more than 25%, while tractors altogether are down just over 8% in the U.S. Year-to-date Canadian tractor unit sales are down just over 14%, while combines are up 16.5%.
Source : Farm Equipment