May 2021 U.S. farm tractor sales show small blip, Canada growth remains strong

MILWAUKEE — A slowdown in the sales of sub-40hp units pulls total U.S. total farm tractor sales negative, while all other segments and Canada continue strong growth according to the latest data from the Association of Equipment Manufacturers.

U.S. total farm tractor sales fell 3.9% in May compared to 2020, marking the first overall negative result in a year, while U.S. self-propelled combine sales climbed a healthy 33.2%.

Only the sub-40hp segment saw a decline in year-over-year sales, falling 8.9%, but that was enough to bring a negative result to total farm tractor unit sales. All other segments were positive, with the biggest gains in the articulated 4WD segment, up 62.2% to 253 units sold.

The mid-size 40-100hp units were up 6.7%, and the 100+hp 2WD tractors up 28.6%. Year-to-date farm tractor sales remain up 25.8% and combines up 13.1%.

For Canada, May monthly tractor and combine sales were positive across all segments, with the biggest growth in combine harvesters, up 165.9% to 109 units sold, while total farm tractor sales were up 22.7% to 3,433 units sold.

“While the sub-40hp segment fell some this month, they’re still up a strong 26% year-to-date,” said Curt Blades, senior vice president of ag services at the Association of Equipment Manufacturers. “That is slightly ahead of the overall farm tractor market and, once again, over and above already-strong 2020 sales gains.”