Growth in Tractor Sales Continues to Outpace 2020

Dan Economy

growth

Overall sales of tractors continue their growth above an already-hot pace set in 2020, according to the Association of Equipment Manufacturers. U.S. total farm tractor sales climbed 2.5 percent in September compared to 2020.

The sub-40 horsepower category stayed moderately positive, growing 0.4 percent, while the mid-size 41-100 horsepower segment was up 2.4 percent. Heavy-duty units saw another big month, with 100-plus horsepower units up 23 percent. However, the articulated 4WD segment slowed to just 1.3 percent. Year-to-date farm tractor sales remain up 12.2 percent.

U.S. combine sales jumped 34.6 percent, the third month in a row of growth near or above 20 percent for harvesters. Year-to-date combine sales moved up to 17.3 percent

(From the National Association of Farm Broadcasters)