MILWAUKEE, Wis. — The month of March saw mostly positive numbers for U.S. sales of Ag tractors and combines according to the latest sales data from the Association of Equipment Manufacturers (AEM).
Total 2-wheel-drive tractor sales for the U.S. in March experienced a 0.3% drop compared to March of 2018. However, under 40 horsepower tractors and 100-plus horsepower tractors both saw growth since March 2018 with a 0.2% and 4.8% change respectively. These increased sales were overshadowed by the 3.3% drop that 40-100 horsepower 2WD tractors recorded, though, resulting in the 0.3% overall drop in total 2WD tractor sales from 2018 to 2019.
On the other hand, total sales for 4WD tractors for the U.S. in March experienced a 13.4% growth from 2018 and self-propelled combined sales experienced a massive spike of 71.3% in sales.
Canada did not see as many positive numbers in March, with growth in only under 40 horsepower tractors (13.1% growth), 40-100 horsepower tractors (3.5% growth) and total 2WD tractors (0.8% growth).
“We saw positive and negatives to March’s sales numbers of Ag tractors and combines,” said Curt Blades, AEM senior vice president, Ag services. “While U.S. total tractor sales were down 0.2%, trade uncertainties and implementation of the farm bill continue to weigh heavy on the minds of our members and their customers. We also remain concerned about Canada’s continued problematic sales numbers.”
Learn more about AEM at www.aem.org.
Related Content:
AEM: February U.S. Ag Equipment Sales Remain Positive Overall
AEM Releases January Ag Equipment Sales Numbers