U.S. mid-year equipment sales were down for compact and utility tractors, row-crop tractors and combines but up for 4WD tractors, according to data from the Assn. of Equipment Manufacturers (AEM).
Large ag unit retail sales were down 14.6% year-over-year, with declines in row-crop tractors and combines more than offsetting a very slight increase in 4WDs.
Combined U.S. and Canada large ag unit sales were down 3.1% year-over-year in March (down 7.9% in February). U.S. large ag equipment sales were down 3.4%.
Declining combine sales drove the first large ag equipment unit sales decline since April 2022 (–8.9% year-over-year), according to the latest data from AEM.
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Precision ag pioneer Al Myers is a member of the Farm Equipment Shortline Legends Hall of Fame 2024 class. It’s been almost 35 years since the Ag Leader founder introduced the groundbreaking Yield Monitor 2000.