AEM Releases November 2021 Equipment Sales Numbers

Sales growth in both tractors and combines continues in the U.S., while a slowdown in harvesters in Canada brings overall unit sales slightly below 2020 north of the border. The Association of Equipment Manufacturers reports U.S. total farm tractor sales climbed 8.7% in November compared to 2020, while combine sales saw a gain of 37.8%, […]

October Ag Tractor and Combine Sales Stay Positive

Overall unit sales of both ag tractors and combines continued their growth above an already-rapid pace set last year. The latest data from the Association of Equipment Manufacturers said U.S. total farm tractor sales climbed 4.8% in October compared to last year. U.S. self-propelled combine sales climbed 73%, the fourth month in a row of […]

AEM Members Optimistic About Continued Economy Recovery

Agriculture and construction manufacturers are upbeat about continuing economic recovery. A second-quarter 2021-member survey done by the Association of Equipment Manufacturers showed optimism remains as strong as it did in the first quarter survey. “Member perception showed a bit more stability in some spots and perhaps a slight decline in other areas of our industries, […]

AEM Welcomes Precision Agriculture Loan Act

Last week, a pair of farm state senators introduced the Precision Agriculture Loan Act. Nebraska Republican Deb Fischer and Minnesota Democrat Amy Klobuchar say their bipartisan legislation would create a program within the Department of Agriculture to provide loan financing to farmers and ranchers interested in purchasing precision agriculture equipment. Precision agriculture is defined as […]

U.S. Tractor and Combine Sales Increased in August

According to the Association of Equipment Manufactures, U.S. tractor sales increased last month compared to 2020 while combine sales jumped 19.8%. Combine sales posted the second month in a row of growth near 20% in the U.S, and total farm tractor sales climbed 9.9%. Sub 40 horsepower tractor sales were up 8.7%, and mid-sized, 40-100 […]

Farmer Optimism, the Supply Chain, and How They Affect Tractor, Combine Sales

In the second quarter of 2021, money that had been diverted by COVID-19 from travel and other activities into the small tractor market began to return to normal use. Sustained gains in commodity prices, however, have resulted in farmers continuing their buying sprees for larger tractors and harvesters, as shown in AEM’s monthly Ag Tractor […]

U.S. Ag Tractor Sales Hold Steady in July, Gain in Canada

Gains in larger and four-wheel-drive tractors offset smaller declines in the sub-40 horsepower range in the U.S., while Canadian farm tractor sales were positive in July. The Association of Equipment Manufacturers said this week U.S. total farm tractor sales fell 0.8% in July compared to 2020, while U.S. combine sales jumped 19.2%. The articulated four-wheel […]

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 […]

AEM Offers Insights on High Machinery Sales

The Association of Equipment Manufacturers says there are several factors driving the current machinery sales trends. In the first quarter of 2021, total farm tractor unit sales are up more than 50% in the U.S., and nearly 60% in Canada. AEM’s Curt Blades said, “We’re operating in a very interesting market right now.” Over the […]

Tractor Sales Continue Strong Growth

Thanks to a strong month of April, farm tractor unit sales continue double-digit growth rate in both the U.S. and Canada, and inventories continue to fall. U.S. total farm tractor sales rose 22.7% in April compared to 2020, which was the first month of the current sales growth trend, while U.S. combine sales fell 3.2%. […]