According to recent data from AEM, Canadian sales of agricultural tractors grew 3.4% in April year-to-date, while sales of 4-wheel-drive tractors jumped 46.3% during the same time frame.
U.S. sales dropped in all categories in April 2025, with total agricultural tractor sales down 13.3% and combines falling 48.3% year-to-date.
“The April report of slow tractor and combine sales is reflective of the overall softness in the ag economy. Increased input prices, high interest rates, and global trade concerns are leading to farmers taking more of a cautious approach to their capital investments.” says Curt Blades, Senior Vice President of Association of Equipment Manufacturers. “With planting season underway, we remain optimistic the ag economy will improve, leading to a strengthening of the ag equipment market.”
The Ag Tractor and Combine reports can be found on the AEM Market Share Statistics page. The U.S. report can be downloaded from this page, while the Canadian report is available for download here.
