Ag Tractor and CombineAnother month brought positive news regarding U.S. sales of tractors and combines, according to a report released by AEM earlier this week.

Total sales of farm tractors rose 14.4 percent in August compared to this time a year ago, while U.S. sales of self-propelled combines grew 23.4 percent. Meanwhile, year-to-date growth in U.S. sales reached 24 percent for combines and 13 percent for 4-wheel-drive tractors.

“While we’re pleased with these positive numbers, we still face concerns,” said AEM Senior Vice President of Ag Services Curt Blades. “For example, we have a potential rewrite of NAFTA added to steel and aluminum tariffs, and the USDA recently predicted a double-digit decline in net farm income. We’re continuing to push for trade action that does not harm farmers of equipment manufacturers, as well as a timely passage of a farm bill to help bring some certainty to the marketplace.”

In addition, August year-to-date growth totals for total U.S. sales of 2-wheel-drive tractors topped 8 percent, under 40-HP tractors gained 10.5 percent, 40-100 HP tractors grew 2.5 percent, and 100-plus tractors increased 7 percent.

However, Canadian retail sales of tractors and combines did not fare quite as well this past month. Total sales of farm tractors dropped 9.5 percent, while sales of self-propelled combines plummeted 41.8 percent in August compared to last year.

Click here to view the latest market data from AEM.

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