The Association of Equipment Manufacturers reports that June was a down month for ag tractor and combine sales.
Total farm tractor sales were down 3.5% last month, when compared to June of 2018, while retail sales of self-propelled combines fell 23%.
Every product category saw a decrease last month, though year-to-date sales for tractors (up 4.3%) and combines (up 4.5%) remained solid. Here is the breakdown for June (when compared to the same time a year ago):
- 2WD Farm Tractors (<40 HP) -- -2.6%
- 2WD Farm Tractors (40<100 HP) -- -4.8%
- 100+ HP -- -7.4%
- Total 2WD Farm Tractors -- -3.4%
- 4WD Farm Tractors -- -15.7%
Canadian retail sales of farm tractors and combines fared no better last month. Total tractor sales dropped 14.5% when compared to last June, while sales of self-propelled combines fell nearly 47%.