U.S. retail sales of farm tractors dropped by nearly 10 percent in September, compared to one year ago, according to numbers released this week by AEM.
Sale of tractors over 100HP saw the most significant drop at 24.6 percent, while those under 40HP fell by approximately 9 percent. On a more positive note, four-wheel drive tractor sales jumped about 25 percent, while sales of self-propelled combines rose by 6 percent.
Meanwhile, retail sales of farm tractors and combined in Canada remained relatively static when compared to those from September 2016. The lone exception to that was four-wheel drive tractor sales, which jumped 79.3 percent over last year.
Click here to view the latest market data from AEM.