Farm Tractor Sales Finish 2020 Higher

Tractor and combine sales finished 2020 with solid growth across the U.S., while sales in most sectors in Canada were also positive.

The Association of Equipment Manufacturers reported this week total U.S. farm tractor sales rose 26.8 % in December compared to 2019 while U.S. combine sales fell 1.9%. U.S. four-wheel-drive units fell slightly in December, down 3.7%, with year-to-date sales finishing up 3.7%. 100+hp posted healthy growth in December, up 21.8%, finishing the year up 3.2%. Total year to date farm tractors out the door are up 17.9% in 2020, while combines finished 2020 up 5.5%.

AEM’s Curt Blades said, “despite uncertainty in the overall economy, the ag equipment market has been pretty strong.”

For Canada, total farm tractor sales were up 10.6% for 2020, while combine sales fell 30% on the month, and 13.9% for the year.

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