AEM Releases June 2021 Equipment Sales Numbers

Smaller tractors led declines in U.S. and Canada farm tractor sales while overall tractor inventories are down more than 40% year-over-year. Monthly data released by the Association of Equipment Manufacturers finds U.S. total farm tractor sales fell 12.7% in June compared to 2020, the second overall negative result in a year. Meanwhile, U.S. Combine sales increased 4.1 % for the month. Small tractor sales led the decline, down 18.4%, while midsized tractor sales declined 3.1%. All other segments saw increased sales over the prior month.

Year to date, U.S. farm tractor sales remain up 16.7% and combines up 11%.

For Canada, June monthly tractor and combine sales were a mixed bag. Available inventories may explain some of the changes in sales, as U.S. total farm tractor inventory is 41.3% below levels in June 2020 while Canadian inventory is down 33.2% over that same time.

If you have a story idea for the PNW Ag Network, call (509) 547-1618, or e-mail gvaagen@cherrycreekmedia.com