Tractor & Combine Sales Mark First Decline Since July ’21

Ag tractor and combine sales posted their first decline in March since July 2021. According to the Association of Equipment Manufacturers, total U.S. farm tractor sales fell 21.1% for the month of March compared to 2021. U.S. combine sales for the month dropped 10.2%. Total farm tractor sales are now down 7.9% year-to-date, while combines sales are down 19.2%.

In Canada, sales fell in all segments for a 5.1% decline in total farm tractor sales. Combine sales were down as well in Canada, falling 36.8%. Year-to-date farm tractor unit sales are down a slight 0.7 percent in Canada, while harvesters are down 36.2 percent.

AEM’s Curt Blades said they expected the declines, adding, “Inventory levels are down more than 10% in both the U.S. and Canada, and this is the result of supply chain difficulties catching up with this segment of the manufacturing industry.”

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