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U.S. Tractor Sales Start 2023 Lower

Dan Agri-Business, Association of Equipment Manufacturers (AEM), Economy

tractor sales

U.S. ag tractor sales finished January 2023 in the negative, according to the latest data from the Association of Equipment Manufacturers (AEM).

Total U.S. ag tractor unit sales fell for January in all segments except one. 100-plus horsepower two-wheel-drive tractors actually grew 22.8 percent. U.S. combine sales continued its growth streak, climbing 132.7 percent year-over-year.

Curt Blades of AEM says, “Most of the trends we’re seeing in this month’s report continue what we saw throughout most of 2022.”

(From the National Association of Farm Broadcasters)