Tractor and Combine Sales Close 2024 in a Slump

According to the Association of Equipment Manufacturers, sales of agricultural tractors and combines fell in the United States during December 2024 compared to the previous year.  U.S. sales of agricultural tractors fell 11.3%, while combine sales fell 26.4% in December 2024 compared to December 2023.

“December’s sales of ag tractors and combines follow patterns we saw throughout 2024, which reflects softness in the market,” said AEM Senior Vice President Curt Blades. “While the year has been marked by high interest rates and uncertainty throughout the overall ag economy, AEM is looking forward to the potential in 2025 and will continue to advocate for policies focused on positively impacting the industry.”

Canada’s sales of ag tractors dropped 3.2%, while combines fell 37.3% in December when compared to the previous year.  The biggest December drop was in 100-plus horsepower tractors, down 27% from last year.

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