U.S. & Canada Combine Sales Slightly Increase in June

Combine sales posted modest gains in June, while tractor sales continued to decline, according to the latest numbers from the Association of Equipment Manufacturers.

U.S. combine sales increased 3.9% from a year ago, while Canadian combine sales jumped 14.25.  Meanwhile, U.S. agricultural tractor sales fell 18.4%, and Canadian tractor sales dropped 12.5%.

"Although tractor sales remain below last year's levels, the increase in combine sales is a welcome development and demonstrates that farmers continue to invest where it makes the most sense for their operations," noted AEM Senior Vice President Curt Blades.

The biggest drop in U.S. tractor sales took place in the four-wheel-drive farm tractor category, which dropped by over 30% from last year. Blades added the farm equipment market continues to face significant economic headwinds and adds that greater certainty surrounding market conditions and long-term farm policy will be important to restoring confidence across rural America.

If you have a story idea for the PNW Ag Network, call (509) 547-9791, or e-mail glenn.vaagen@townsquaremedia.com