Fluid Power Journal

U.S. Tractor, Combine Sales Continue Growth

Canada slows slightly in November

From the Association of Equipment Manufacturers

Growth in both ag tractors and combine harvesters continues in the U.S., while a slowdown in harvesters in Canada brings overall unit sales slightly below 2020 north of the border, according to the latest data from the Association of Equipment Manufacturers (AEM).

U.S. total farm tractor sales climbed a healthy 8.7% in November compared to 2020, while U.S. self-propelled combine sales saw a gain of 37.8%, the fourth month in a row of growth near or above 20% for harvesters. All segments except articulated 4WD units grew in the month, led by the 100+hp segment, up 30.9%. Articulated 4WD units fell 23% on the month but remain more than 17% positive year to date. Year-to-date farm tractor sales are up 11.3% and combines growth climbed to 25%.

For Canada, November was a mixed bag, with tractors climbing 1.3% in aggregate, while harvesters fell 56.8%, bringing combined tractor and combine sales down 0.7%, or 18 total units. Segment by segment, sales in Canada were like the U.S., with articulated 4WD sales falling 52.8%, while 100+hp 2WD units led gains at 20.2%. The only segment difference was sub-40hp units, which fell 2.5% in Canada, while growing 6.8% in the U.S. Still, both tractors and combines remain above 20% growth year to date in Canada, with tractors up 20.5% and combines up 28.1%.

“Both tractors and combines continue to see year-to-date growth in the double digits, demonstrating that farmer demand and optimism remain strong,” said Curt Blades, senior vice president, industry sectors and product leadership at the Association of Equipment Manufacturers. “While supply chain issues are still causing some bumps, our members continue to do all they can to deliver the parts and products to the market.”

The full reports can be found on the AEM website. U.S.: www.aem.org/market-data/statistics/us-ag-tractor-and-combine-reports/. Canada: www.aem.org/market-data/statistics/canadian-ag-tractor-combine-reports/.

 

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