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Overall Tractor Sales Lower Compared to February 2023

Unit sales of 100+ horsepower ag tractors increased slightly in February 2024 in the U.S., according to new data from the Association of Equipment Manufacturers. The month recorded an increase of 2.8 percent compared to February 2023. However, year-to-date data reflects sales below 2023 in total units of ag tractors and combines.

Ag tractor sales dipped 14.2 percent, while combines finished under 18.9 percent. In Canada, combine sales jumped 27.2 percent in February 2024 compared to 2023, and are up a total of 6.3 percent year-to-date compared to last year. A total of 131 combines were sold in February, adding to the overall year-to-date sales of 255 units.

AEM’s Curt Blades says, “The combine sales in Canada are a bright spot when we take a deeper look at February’s performance,” adding, “The uptick in sales of 100+ horsepower ag tractors in the U.S. also bodes well for the long-term strength of our industry moving forward.”

Total ag tractor sales fell in Canada by 28.2% year-to-date compared to 2023.

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