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./Canada large ag equipment unit sales were down 1% year-over-year in December (vs. +4.4% in November, –8.9% in October and +6.1% in September).
Large ag equipment unit sales were up 4.4% year-over-year in November, led by 4WD tractors, according to the latest data from the Assn. of Equipment Manufacturers.
In its most recent earnings released Nov. 22, John Deere reported $61.3 billion in total net sales for its fiscal year 2023, up 16% year-over-year. Net sales in the fourth quarter were down 1% year-over-year to $15.4 billion.
Heavy duty row crop tractor unit sales continued to increase in the U.S., while overall farm tractor unit sales in the U.S. and Canada declined in August, according to the latest data from the Association of Equipment Manufacturers (AEM).
Large ag equipment sales rose 17.4% year over year in May, led by combines and 4WD tractors, according to the latest data from the Assn. of Equipment Manufacturers (AEM).
Large ag equipment sales were up 9.3% year-over-year in April, led by growth in 4WD tractors and combines, according to the latest data from the Assn. of Equipment Manufacturers.
Large ag equipment unit sales rose 30.1% year-over-year, with strong growth across categories, led by combines and 4WD, according to data from AEM and analysis from RW Baird analyst Mircea (Mig) Dobre.
On a monthly basis, the Assn. of Equipment Manufacturers compiles and publishes the unit sales for 2WD (2 wheel drive) tractors. In this case, all tractors included in the 2WD category (including compact, mid-range and row-crop tractors) are counted for both U.S. and Canadian dealers. These tables show the monthly sales of 2WD tractors from 2004-present based on AEM data.
On a monthly basis, the Assn. of Equipment Manufacturers compiles and publishes the unit sales for 2WD (2 wheel drive) tractors. In this case, all tractors included in the 2WD category (including compact, mid-range and row-crop tractors) are counted for both U.S. and Canadian dealers. These tables show the monthly sales of 2WD tractors from 2004-present based on AEM data.
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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.