According to new data from the Association of Equipment Manufacturers (AEM), U.S. sales of agricultural tractors decreased 19.2% in September 2024 compared to the year before, while sales of combines dropped 40.7% compared to 2023.
“September’s sales of ag tractors and combines follows a summer that showed a cyclical slowdown in sales,” said AEM Senior Vice President Curt Blades. “These declines point to the overall softness in the ag economy.”
The complete report can be found here.
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