Overall U.S. ag tractor unit sales continued to slide in March, according to the latest data from the Assn. of Equipment Manufacturers (AEM).
All other tractor segments fell, with the sub-40hp segment continuing to lead losses for the month of March, down 14.2%. Total farm tractor sales in the U.S. for the month fell 12.1% vs. March 2022 and are down 15.1% year-to-date, a slight improvement from the previous month.
In Canada, total unit sales in tractors finished the month down 23.7% due to losses in the sub-40 hp and 40-100hp segments, down 34.6% and 14.9% respectively. All other tractor segments were positive for the month, with 4WD units leading the way again with 57.1% growth. Year to date, tractors in Canada are down 9.9%.
“The March tractor and combine report is a mixed bag, with an overall decline in tractor sales due to softness in the small tractor market,” said Curt Blades, senior vice president, industry sectors and product leadership at the Assn. of Equipment Manufacturers.
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