Tractor/Combine Sales: 4WD Tractor Sales Increase in August

U.S. sales of 4-wheel-drive tractors increased 4.8% in August 2024 compared to the year before according to new data from the Association of Equipment Manufacturers. U.S. sales also increased 5.2% year-to-date. Total U.S. Ag tractor sales decreased 19.4% compared to 2023, while combine sales dropped 19.6%.

“While the increase in 4-wheel-drive tractors is modest, it’s indicative of the industry’s resilience and the ongoing need for agricultural equipment,” said AEM Senior Vice President Curt Blades. “The decline in the overall tractor market highlights the urgent need for a robust farm bill to support rural America and our agricultural community.”

AEM Flash Reports archived at: FarmEquip.org/flash.

Source: Newsroom.AEM.org