Tractor/Combine Sales: 4WD Tractor Sales Soar in April

U.S. Sales of 4-Wheel-Drive tractors increased 24.1% in April compared to 2023, according to the new data from the Association of Equipment Manufacturers (AEM). Additionally, 4-Wheel-Drive tractor sales are up 1.9% in the U.S. year-to-date. Unit sales of 100+ Horsepower tractors increased in the U.S. April sales rose 7.2% year-over-year, following March’s jump of 3.2%. February sales were also up 2.7% compared to last year. Combine sales increased in April, growing 6.7% compared to 2023.  

“The modest growth in agriculture 4-Wheel-Drive tractor sales in April 2024 is an indicator of resilience in the overall ag industry,” said AEM Senior Vice President Curt Blades. “The smaller horsepower market continues to be a challenge, but we remain optimistic for the long-term strength of the ag equipment market.”

Canadian sales of Combines also skyrocketed 73.5% in April compared to 2023 and are up 17.7% year-to-date. 4-Wheel-Drive tractors grew 7.2% year-over-year and 9.2% year-to-date. 

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