A new report from the Association of Equipment Manufacturers shows North American tractor sales dropped in June, but a higher number of combines were purchased.
Tractor sales in the United States fell 8.2% last month compared to June 2021, while U.S self-propelled combine sales grew by 25.3%. Curt Blades, an AEM senior vice president, said supply chain complications have impacted tractor production.
“We’re glad to see the growth in combine harvesters this month,” said Blades in a press release. “That helped put both countries at or above their 5-year average for the month of June in overall unit sales, despite ongoing supply chain challenges holding ag tractors back.”
Don’t miss a beat! It’s easy to sign up for a FREE month of Agri-Pulse news! For the latest on what’s happening in Washington, D.C. and around the country in agriculture, just click here.
The report showed mid-range sub-40 horsepower tractor sales decreased by 10.2% while mid-range tractors between 40-100 horsepower fell 7.2%. Four-wheel-drive tractor sales took less of a hit, decreasing 3% this month. Compared to June 2021, year-to-date sales for total 2WD farm tractors fell 13.4%.
Only one tractor segment increased in sales: purchases of 100+ horsepower 2WD tractors increased by 9.6%. AEM said the growth of this segment, which is up 10.3% year-to-date, reflects the demand in row-crop agriculture.
For more news, go to www.Agri-Pulse.com.
