Ag Tractor Unit Sales Continue Growth Streak Into 2022

Dan Economy

According to the latest data from the Association of Equipment Manufacturers (AEM), overall ag tractor sales in the U.S. continued rising into January, while combine harvesters slowed for the month.

U.S. total farm tractor sales gained 1.5 percent in January compared to 2021, while U.S. self-propelled combine sales for the month fell 41.4 percent to 205 units sold.

The 100 plus horsepower 2WD segment led all segments with a 10.8 percent gain, followed by the sub-40 horsepower 2WD segment up 2 percent. Mid-range tractors between 40 and 100 horsepower fell 2.8 percent while articulated 4WD tractors inched down 0.4 percent.

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“The sales trend we’re seeing started in June of 2020 and has reliably remained above the 5-year average since then,” said Curt Blades, senior vice president, industry sectors & product leadership at the Association of Equipment Manufacturers. “The strength of ag markets and farmers seeing the value in the new technologies on offer is driving demand. At the same time, the lingering effects of the supply chain remain a concern.”

To see the full report, click here.