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New data from the Association of Equipment Manufacturers (AEM) notes that sales of agricultural tractors and combines fell during January compared to the year before. U.S. tractor sales were down 15.8%, while sales of combines fell 78.9%.
“As we enter 2025, we’re seeing a continuation of slow sales saw throughout 2024.” said AEM Senior Vice President Curt Blades. “The Ag industry continues to face uncertainties including global trade concerns, tariffs, and the lack of assurance that a farm bill provides. These uncertainties are reflected in the softness of the ag equipment market.”
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