Ag Tractor and CombineOctober sales data released in AEM’s latest Ag Tractor and Combine Reports indicate the ag economy is still strong heading into the final months of 2018, although a few equipment categories saw declines.

U.S. sales of self-propelled combines fell 7 percent last month compared to the same time period in 2017, and sales in the U.S. of 4-wheel drive tractors saw a small 1-percent drop month-over-month. However, the report indicated overall sales remained positive year-to-date.

“With the 2018 midterm elections over, we urge our elected leaders to re-focus on ensuring a strong ag economy,” said Curt Blades, AEM senior vice president of ag services. “We will continue to advocate for agriculture, including a robust farm bill, infrastructure, trade, rural broadband and a strong Renewable Fuel Standard.” 

In addition, total October U.S. sales of 2-wheel-drive tractors grew 6 percent compared to last year. Other notable takeaways include a 9 percent gain for under-40 HP tractors, a 5-percent increase for 40-100 HP tractors, and a drop of 8 percent for 100-plus HP tractors.

October year-to-date growth for overall U.S. sales of 2-wheel-drive tractors topped 7 percent: under-40 HP tractors gained 10 percent; 40-100 HP tractors grew 2 percent; and 100-plus HP tractors increased 6 percent.

Meanwhile, total sales of farm tractors in Canada increased by nearly 3 percent in October compared to last year, buoyed by a 17-percent increase sales of under-40 HP tractors. However, sales of all 4-wheel drive tractors dropped nearly 41 percent compared to last year.

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