November 29, 2021

Ag tractor, combine unit sales remain positive in October

MILWAUKEE — Overall unit sales of both ag tractors and combines continue their growth above an already-hot pace set in 2020, according to the latest data from the Association of Equipment Manufacturers.

U.S. total farm tractor sales climbed 4.8% in October compared to 2020, while U.S. self-propelled combine sales jumped 72.9%, the fourth month in a row of growth near or above 20% for harvesters.

The sub-40hp stayed positive, growing 4.5%, while the mid-size 41-100hp segment was up 4.1%. Heavy-duty units saw another big month, with 100+hp units up 10.3%. However the articulated 4WD segment continued to slow, declining 6.3%.

Year-to-date tractor sales were up 11.4%, and combine growth increased 24.4%.

For Canada, October monthly tractor and combine sales were positive, as well, with both ag tractors and combines finishing the month in the black.

The sub-40hp segment was up 8.6%, while the biggest growth sectors were 4WD and combine harvesters, up 48% and 44.2%, respectively. Total farm tractor sales were up year-to-date 23.4%.

“We’re pleased to see ag equipment sales remain positive, despite the very real supply chain challenges” said Curt Blades, AEM senior vice president of agriculture services. “We remain optimistic that these positive sales trends will continue along with the ongoing strength in the ag economy.”