Sales of Agricultural Tractors and Combines Fall in October

Sales of agricultural tractors decreased last month compared to the year before. New numbers from the Association of Equipment Manufacturers (AEM) indicate a 14.2% drop in tractor sales, while combine sales also fell, dropping 34.6% compared to 2023. 

“October’s sales of ag tractors and combines follow a September that also showed a slowdown in sales,” said AEM Senior Vice President Curt Blades. “These declines point to the overall softness in the ag economy following a robust five years of positive industry results.”   

The ag tractor and combine reports  can be found on the AEM website.