U.S. Sales of 4-Wheel-Drive Ag Tractors Increase in July 2024

Share:

8/14/2024

4-Wheel-Drive TractorsU.S. sales of 4-wheel-drive tractors increased 18.6% in July 2024 compared to the year before and are up 5.2% year-to-date according to new data from the Association of Equipment Manufacturers (AEM).  

Total sales of Ag tractors dropped 14.1% in July compared to the year before and are down 11.9% year-to-date. Combine sales dipped 19.1% in July compared to 2023 and are down 17.6% year-to-date.  

“July’s uptick in 4-wheel-drive Ag tractors is a bright spot after a slowdown of sales in June and May of 2024,” said AEM Senior Vice President Curt Blades. “However, we are still seeing softness across the subcompact tractor market after years of strong sales. We know the challenges facing the market are complex. This is why AEM is focused on advocating for the swift passage of a farm bill to provide the certainty farmers need to make these purchases.” 

In Canada, July sales of 4-wheel-drive increase 88.7% compared to 2023, and are up 17% year-to-date. Overall, Canadian sales of Ag tractors dropped 13% in July compared to the year before and are down 15.5% year-to-date. 

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.  

For more AEM news and updates, subscribe to the AEM Industry Advisor.

AEM Updates, Agriculture & Forestry

For more AEM news and updates, subscribe to the AEM Industry Advisor.

Related Articles

Statistics Professionals Gather in Milwaukee for AEM’s 2025 Market Share Statistics Conference

Stats reporters, analysts, and managers from dozens of AEM member companies gathered last week at the association’s Milwaukee headquarters toparticipate in the 2025Market Share...

I Make America: 15 Years of Telling the Stories of the Men and Women who Make America

Fifteen years ago today, AEM launched the I Make America campaign with one simple goal: to give the 2.3 million men and women of the industry a powerful, united voice for pro...

Tips and Tools to Make CBAM Emissions Reporting Easier

After a two-year transition period, full implementation of the European Union’s Carbon Border Adjustment Mechanism (CBAM)is set to begin onJan. 1, 2026. Designed to support the...

AEM Offers Recently Updated Industrial Ag Mower Safety Manual

AEM recently updated its Industrial Ag Mower Safety Manualin accordance with the association’s longstanding mission to provide up-to-date and industry-consensus safety materials...

Federal Signal’s Tony Fuller: The Utility Expo Is the Utility Industry Event for Education and Connection

The Utility Expo 2025 is just under a month away, and anticipation for the show continues to grow. The Utility Expo will bring the utility industry together for the latest and...

View all AEM Updates