tractors

Sales of Ag Tractors Decline in June

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

tractors
Image by lagereek/DepositPhotos image

According to new numbers from the Association of Equipment Manufacturers (AEM), U.S. sales of ag tractors and combines in June fell below reported sales from the same month a year ago. 

Sales of 2-wheel-drive tractors dropped 16.3% compared to June 2023, while 4-wheel-drive tractors fell 1.3% within the same timeframe. Combines sales finished the month 31% below last year. 

“June’s sales of Ag tractors and combines follow a May that also showed a slowdown in sales,” said AEM Senior Vice President Curt Blades. “This softness in the market follows a robust five years of sales. The challenges facing the subcompact tractor market illustrate why the passage of a strong farm bill is so needed to lift rural America and our farmers and growers.” 

Click here to see more of this report.