Combine harvester sales closed out the year ahead of 2022 levels, while almost all tractor segments saw declines in both the United States and Canada, according to the latest data from the Association of Equipment Manufacturers (AEM).
Total U.S. farm tractor sales fell 5.1% in December compared to 2022, while year-to-date sales came in 8.7% lower than a year ago. However, 100+ horsepower tractors grew 5.2% for the year and 3.6% in December, while combine harvesters finished 2023 with sales up 1.7% last month. The sub-40 horsepower segment led losses for the year as a whole, falling 10.7% for calendar 2023 on the heels of a 5.8% drop in December.
For Canada, 4WD farm tractor sales jumped 64.9% in December and finished the year up 44.4% overall. Overall unit tractor sales finished 2023 down 14% for the month of December and 10.7% overall. All tractor segments other than 4WD units experienced double-digit declines in December, but combine harvesters did close out the year with YTD gains of 5.5%.
The full reports can be found in the Market Data section of the AEM website under Ag Tractor and Combine Reports.
