U.S. Sales of 100+ Horsepower Tractors Increase for Second Month in a Row

Share:

4/12/2024

Ag Tractor and Combine ReportFor the second straight month, unit sales of 100+ horsepower ag tractors increased in the U.S., according to the new data from AEM. March sales jumped 3.2% compared to last year, following February’s increase of 2.8% compared to 2023.

Total year-to-date unit sales of ag tractors and combines are below 2023’s pace. Tractors are down 13.3% while combines fell 20.4%

“Seeing the continued growth in 100+ horsepower tractor sales is a welcome sight as 2024 progresses, despite the softness in other tractor sizes” said AEM Senior Vice President Curt Blades. “As we start the planting season, we remain optimistic for the future of the ag equipment market.”

Unit sales of 100+ horsepower tractor sales also grew in Canada in March, rising 2.7% compared to 2023. 4-wheel-drive ag tractors unit sales jumped 27.3% compared to last year and are up 10.8% year-to-date in Canada. 

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

AEM’s CE Sector Board of Directors Discusses Successes, Challenges, and Outlook for 2025

AEM’s CE Sector Board of Directors met on Nov. 14 in Indian Wells, California, at AEM’s Annual Conference to discuss a number of key sector initiatives. The agenda also featured...

AEM Ag Sector Board of Directors Gathers to Discuss 2024-2025 Initiatives and Goals

AEM’s Ag Sector Board of Directors met Nov. 14 in Indian Wells, California, at AEM’s Annual Conference to discuss a number of key sector initiatives, Commodity Classic, various...

Pulse of the Industry -- AEM, Member Leaders Come Together for Hugely Successful 2024 AEM Annual Conference

“AEM does a fantastic job of bringing together thought leaders, bringing together people to serve as this central foundation for all the industries we serve., from construction...

Questions Abound as Republicans Maintain a Thin Majority in the House of Representatives

In the second installment of the AEM Industry Advisor Series on the 2024 elections, let’stake a look at the U.S. House of Representatives.At the time this was written, there are...

Housing and Registration Open for Commodity Classic 2025

Online registration and housing for the 2025 Commodity Classic is now open.America’s largest farmer-led agricultural and educational experience is slated to be held Sunday...

View all AEM Updates