AEM - Association of Equipment Manufacturers

10/11/2024 | News release | Distributed by Public on 10/11/2024 13:37

U.S. Sales of Ag Tractors and Combines Fall in September 2024

U.S. sales of Ag tractors decreased 19.2% in September 2024 compared to the year before, according to new data from the Association of Equipment Manufacturers. Sales of combines also fell during the month, dropping 40.7% compared to 2023.

"September's sales of Ag tractors and combines follows a summer that showed a cyclical slowdown in sales," said AEM Senior Vice President Curt Blades. "These declines point to the overall softness in the ag economy."

Canadian sales of Ag tractors also dropped in September 2024, finishing the month 24.9% behind 2023's sales, while combine sales fell 51.9% compared to the year before.

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.

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