US Tractor Sales Mark First Gain For 2023

Total farm tractor unit sales in the U.S. turned positive for the first time in 2023, led by continued strength in large tractors and combines according to the latest data from the Association of Equipment Manufacturers (AEM).

Gains in the U.S. market were led by 100+hp 2WD units, up 25.4 percent, closely followed by 4WD units up 21.9 percent. However, a change from the previous month is a small gain in the sub-40hp 2WD segment, up 0.2 percent, that took overall sales positive since they represent more than 66 percent of total unit sales volume for the month. U.S. self-propelled combines also marked another large gain of 9.8 percent. At the mid-year mark, year-to-date unit sales of farm tractors are down 9.7 percent despite a gain of 45.5 percent in the 4WD segment over that same period, and combines are up 51.5 percent.

For listing of comparative data, go to FarmEquip.org/flash.

Source: AEM.org