While total agriculture tractor sales in the U.S. dropped 11.5% in May compared to a year ago, sales of 4-wheel-drive tractors saw an increase of 9.4%.
According to new data from the Association of Equipment Manufacturers (AEM), the increase follows a rise of 24% back in April compared to the year before, and the data also indicates year-to-date sales of 4-wheel-drive tractors are up 3.2%.
“After the resilience of the last five years we’re starting to see softness in pockets of the market,” said AEM Senior Vice President Curt Blades. “Although the total year over year numbers show declines, subcategories of the market remain strong, particularly larger equipment. The subcompact tractor market shows some year over year challenges following record highs during the pandemic.”
Total U.S. combine sales dropped 17.7% in May compared to last year.