Farm tractor and combine unit sales start the year continuing growth in both the U.S. and Canada, according to the latest data from the Association of Equipment Manufacturers.
AEM reports U.S. total farm tractor sales rose 24.7 percent in January compared to 2020, while U.S. combine sales grew a significant 76.8 percent.
U.S. unit sales grew across all segments, with the biggest gains continuing in the small sub-40 horsepower segment, gaining 32.9 percent.
Sales of 100-plus horsepower tractors were up 1.2 percent in January.
For Canada, January monthly tractor sales also grew across all segments, with four-wheel-drive units leading the way for the second month in a row, up 118.2 percent.
Total farm tractor sales up, as a result, 39 percent for January 2021 while combines delivered 52.2 percent more units.
AEM’s Curt Blades commented, “While smaller units continue to lead the way, improved commodity prices and market conditions are leading to further gains in harvesters and bigger row crop units.”
(Story Courtesy of the NAFB News Service)