U.S. Harvesters and Heavy-Duty Tractors Gain in July, Smaller Units Continue Decline
According to the Association of Equipment Manufactures, American and Canadian ag tractor monthly unit sales fell in July, while combine sales grew in the U.S. Total U.S. farm tractor sales fell 21% last month when compared to July 2021, while combine sales for the month grew 9.2%. That’s the second straight month of gains in combine harvesters so far this year. Heavy-duty ag tractors were positive, but total farm tractor sales are down 14.8% year-to-date, while combine sales are approaching even, now down only 2.2% on the year.
In Canada, overall unit sales in tractors were down 10.7%, while harvesters are down 22.1%, reversing the previous month’s improvement.
AEM’s Curt Blades said, “Right now, the trends we’re seeing in farm equipment unit sales tracks with trends we’re seeing in the overall economy.”
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