MILWAUKEE — Unit sales of agricultural tractors and self-propelled combines in April 2020 rose in the U.S. according to the latest data from the Assn. of Equipment Manufacturers (AEM), putting total unit sales year-to-date roughly flat with 2019.
U.S. total farm tractor sales rose 12.3% in April compared to 2019 while U.S. April self-propelled combine sales inched up 4.1%. Only heavy duty (100+ horsepower, articulated 4WD) tractors declined in unit sales in the U.S. That puts total year-to-date sales of all farm tractor units down 0.6% for 2020 and combines down 10.1% in the same period.
For Canada, April tractor sales fell across all segments except mid-range (40-100 horsepower) units, leading to an overall decline of tractor sales of 5.7%, with self-propelled combines following along losing 29.9%. That puts overall farm tractors down 13.1% for 2020 year-to-date and combines down 34.6% in Canada.
“When you look at March and April sales together, instead of seeing a month of significant year-over-year declines followed by a month of healthy gains, you should instead see 2 months that performed as expected given the current situation.” said Curt Blades, senior vice president of Ag Services at the AEM. “The COVID-19 crisis is certainly causing some uncertainty in farm income and ag equipment purchases for the balance of the year.”
The full reports can be found in the Market Data section of the AEM website under Ag Tractor and Combine Reports.
U.S.: https://www.aem.org/market-data/statistics/us-ag-tractor-and-combine-reports/
Canada: https://www.aem.org/market-data/statistics/canadian-ag-tractor-combine-reports/