U.S. Tractor and Combine Sales Continue Dropping in May

According to recent data from the Association of Equipment Manufacturers, U.S. sales of combines and tractors dropped in all categories during May.  Total agricultural tractor sales were down 12% and combine sales were 21% lower compared to May 2024.

“This continued slump of U.S. tractor and combine sales reflects broader challenges in the ag economy,” says Curt Blades, senior vice president of AEM. “High interest rates, global trade uncertainty, and increased input prices are causing farmers to delay major equipment purchases.”

The biggest drop came in four-wheel-drive tractor sales, which fell 39% year-over-year.  Self-propelled combine sales sank 21% over the same period.

While U.S. Sales Dip, Canada Reports An Increase

Canadian combine sales rose 16% in May compared to May 2024, while sales of four-wheel-drive tractors jumped 35% year-to-date.

“We’re very encouraged by the strong performance in the Canadian market and remain hopeful,” Blades said.

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