U.S. sales of ag tractors and combines in June fell below the reported sales from the same month in 2023.
New Data from the Association of Equipment Manufacturers says June sales of two-wheel drive tractors dropped 16 percent compared to 2023, while four-wheel drive tractors fell 1.3 percent in the same timeframe. Combine sales declined as well, finishing the month 31 percent below June 2023.
“June’s sales of ag tractors and combines follow a May that also showed a sales slowdown,” says AEM Senior Vice President Curt Blades. “This softness in the market follows a robust five years of sales.”
He also says the challenges facing the subcompact tractor market illustrate why the passage of a strong farm bill is needed to lift rural America and U.S. farmers. In Canada, sales of four-wheel drive tractors were a bright spot, rising 10 percent in June compared to 2023. Combine sales rose 13 percent.
