Tractor and CombineCautious optimism remains the prevailing sentiment in response to AEM’s recently released February ag tractor and combine sales data.

Total U.S. sales of 2-wheel-drive tractor sales grew 17.3 percent, compared to this time a year ago, led by under-40-HP machines with a 24.6-percent gain and a 7.1-percent gain for 40-100-HP 2-wheel-drive tractors, while 100-plus-HP 2-wheel-drive-tractors recorded a drop of 2.2 percent.

“We’re encouraged to hear USDA estimates that net farm income is expected to increase slightly in 2019 after last year’s declines; hopefully that signifies some optimism in the U.S. as the year moves forward. And we remain concerned about some of the Canadian numbers in February’s report,” said Curt Blades, AEM senior vice president of ag services.

“We hope that the new U.S. farm bill will provide more certainty for farmers as they plan ahead,” added Blades. “However, we are still facing a lack of real, sustained progress on trade agreements and ending retaliatory tariffs.”

According to AEM’s February sales data, 4-wheel-drive tractors gained 29.5 percent compared to last year and U.S. self-propelled combine sales for February grew 21.5 percent.

Meanwhile, Canada only saw February gains for self-propelled combines (up 25 percent) and for under-40-HP 2-wheel-drive tractors (up 23 percent).

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