combine harvester

U.S. Combine Harvester Sales Grew in August, Total Tractor Sales Fell

Dan Association of Equipment Manufacturers (AEM), Economy

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According to the latest data from the Association of Equipment Manufacturers (AEM), combine harvester sales grew for August in the U.S., while total tractors fell.

U.S. total farm tractor sales fell 11.7 percent for the month of August compared to 2021, while U.S. self-propelled combine sales for the month grew 25.8 percent to 790 units sold, making for a three-month growth streak for that segment.

For tractors, the 100+ horsepower 2WD tractor segment was the only positive segment in the U.S., up 11.5 percent. Mid-range tractors between 40 and 100 horsepower were down 7.2 percent, and the sub-40hp segment led segment losses again, down 16 percent. Total farm tractor sales are down 14.8 percent year-to-date, while combine harvester unit sales are now positive year-to-date, with sales now up 2.7 percent overall.

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“Demand for everything other than the smallest units remains positive, but supply chain difficulties remain in the way of the supply side of the market,” said Curt Blades, senior vice president, industry sectors and product leadership at the Association of Equipment Manufacturers. “Despite concerns around input costs for farmers, we are still seeing the larger units, harvesters and heavy-duty tractors, lead sales trends, indicating positive outlooks, especially among row crop farmers.”

The full report can be found here, and in the Market Data section of the AEM website under Ag Tractor and Combine Reports.