MILWAUKEE – Farm tractor and self-propelled combine unit sales start the year with continuing growth in both the U.S. and Canada according to the latest data from the Assn. of Equipment Manufacturers (AEM).
U.S. total farm tractor sales rose 24.7% in January compared to 2020 while U.S. combine sales grew a significant 76.8%. U.S. unit sales grew across all segments, with the biggest gains continuing in the small sub-40 horsepower segment (gaining 32.9%). 100+ horsepower continued to grow in January, up 1.2%, building on a 3.2% total gain throughout 2020. 4WD units also delivered solid gains, up 33.7% for the month.
For Canada, January monthly tractor sales also grew across all segments, 4WD units leading the way for the second month in a row, up 118.2%, while sub-40 horsepower units grew 33.4%, 40-100 horsepower units up 57.3%, and the big 100+ horsepower tractors growing 26.7%. Total farm tractor sales up, as a result, 39% for January 2021 while combines delivered 52.2% more units.
“We’re pleased to see last year’s growth trends continuing into the new year.” said Curt Blades, senior vice president of Ag Services at the AEM. “While smaller units continue to lead the way, improved commodity prices and market conditions are leading to further gains in harvesters and bigger row-crop units.”
The full reports can be found in the Market Data section of the AEM website under Ag Tractor and Combine Reports.
U.S.: https://www.aem.org/market-data/statistics/us-ag-tractor-and-combine-reports/
Canada: https://www.aem.org/market-data/statistics/canadian-ag-tractor-combine-reports/
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