AEM Releases August Ag Equipment Sales Numbers

August 2019 saw increases in U.S. sales of combines and four-wheel-drive tractors as well as total U.S. two-wheel-drive tractor sales compared to August of last year. The Association of Equipment Manufactures monthly sales report shows four-wheel-drive tractor sales increased 19.3 percent in August compared to last year and combine sales increased 11.5 percent. Total sales of two-wheel-drive tractors in August increased 1.9 percent compared to August last year. Sales of under 40 horsepower two-wheel-drive tractors increased 2.1 percent, while sales of 40-100 horsepower tractors decreased 1.4 percent, and sales of 100-plus horsepower tractors increased 13.6 percent.  For Canada, August four-wheel-drive tractor sales were flat and combine sales decreased 45.4 percent. August two-wheel-drive tractor Canadian sales were mixed, with a 9.9 percent increase in small tractors, and a 4.2 percent increase in 40-100 horsepower tractors. AEM’s Curt Blades says that, while the numbers are flat to positive for the year, “we and the industry remain cautious about the overall Ag economy.”