Milwaukee, Wis. — Overall, September was a solid month for retail sales of tractors and combines in the U.S. and Canada, according to the latest data from the Assn. of Equipment Manufacturers (AEM).
Total farm tractor sales in the U.S. increased 18.7% in September compared to last year, while self-propelled combine sales increased 12.3%. Year-to-date, total U.S. tractor sales are up nearly 5%, while sales of self-propelled combines are up 1.8%.
Total U.S. sales of 2WD tractors increased 19.2% in September compared to a year ago; under 40 horsepower tractors sales were up 18.4%, 40-100 horsepower tractor sales increased a shade over 21%, and sales of 100-plus horsepower tractors increased 19.1%. Conversely, 4WD tractor sales were down 5.2%.
For Canada, total farm tractor sales were up 13.7%, while sales of self-propelled combines were down 25.5%. Year-to-date, total tractor sales in Canada are down 4.4%, while sales of self-propelled combines decreased 27.7%.
"The numbers continue to remain solid, both in the U.S. and Canada, and are fueled by the replacement market," said Curt Blades, AEM senior vice president of Ag Services. "However, we continue to hear from our members real concerns about the overall ag economy.
"As farmers begin the delayed harvest season, both weather uncertainty and outstanding trade negotiations are weighing heavily on their minds," Blades said. "We remain hopeful, however, that ratification of the USMCA will help alleviate some of the uncertainty surrounding the ag market."
The full reports can be found in the Market Data section of the AEM website under Ag Tractor and Combine Reports.