Farm tractor and combine sales finished the year with solid growth across the U.S. The Association of Equipment Manufacturers (AEM) reports U.S. total farm tractor sales rose 26.8% in December compared to 2019, while U.S. combine sales fell 1.9%.
U.S. four-wheel-drive units fell slightly in December, down 3.7%, with year-to-date sales finishing up 3.7%. 100+hp posted healthy growth in December, up 21.8%, finishing the year up 3.2%. Total year-to-date farm tractors out the door are up 17.9% in 2020, while combines finished 2020 up 5.5%.
AEM’s Curt Blades says, “Despite uncertainty in the overall economy, the Ag equipment market has been pretty strong.”
(From the National Association of Farm Broadcasters)