U.S. and Canadian ag tractor monthly unit sales in July 2022 fell, while combine sales grew in the U.S., according to the latest data from the Association of Equipment Manufacturers.
U.S. total farm tractor sales fell 21% for the month of July compared to 2021, while combine sales for the month grew 9.2% to 715 units sold.
That’s the second straight month of gains in combine harvesters so far this year.
Heavy-duty ag tractors were positive, but total farm tractor sales are down 14.8% year-to-date, while combine sales are approaching even, now down only 2.2% on the year.
In Canada, overall unit sales in tractors were down 10.7%, while harvesters are down 22.1%, reversing the previous month’s improvement.
AEM’s Curt Blades says, “Right now, the trends we’re seeing in farm equipment unit sales tracks with trends we’re seeing in the overall economy.”