Tractor and Combine SalesAs 2018 draws to a close, the latest AEM Ag Tractor and Combine reports show overall sales remain positive year-to-date.

November year-to-date growth for overall U.S. sales of 2-wheel-drive tractors were up 6.9 percent, and tractors under 40 HP saw sales growth of 9.3 percent. In addition, 100-plus HP tractors saw sales gains of 5.5 percent.

“Equipment sales overall have been resilient this year, but we are starting to see some softening as the year winds down,” said AEM Senior Vice President of Ag Services Curt Blades. “Trade issues remain a major concern, especially the uncertainty caused by tensions with China. On a brighter note, we are encouraged by the administration's efforts regarding year-round availability of E-15 fuel. And we're urging swift action on the Farm Bill to provide some stability for farmers dealing with uncertain markets and lower farm income.”

Total November sales of 2-wheel drive tractors were down almost 1 percent, when compared to the same time a year ago. Other notable results from AEM’s latest report include:

  •         Under 40-HP tractors were up 2 percent
  •         40-100 HP tractors saw a decline of 7.8 percent
  •         100-plus HP tractors experienced growth of 4.4 percent

Meanwhile, total Canadian retail sales of tractors dropped roughly 8 percent, compared to a year ago. Self-propelled combines also saw a decline of nearly 16 percent.

Click here to view the latest market data from AEM.