Unit sales of agricultural tractors and self-propelled combines fell across the board in the U.S. and Canada in March 2020, according to the latest data from the Association of Equipment Manufacturers.

U.S. total farm tractor sales decreased 15.6% in March compared to 2019 while U.S. March self-propelled combine sales fell 11.9%. That includes decreases in all segments.

When compared to similar industries, like the U.S. auto and light truck market where the U.S. Bureau of Economic Analysis shows March unit sales having fallen nearly 42% overall, and a similar drop in U.S. heavy truck sales according to the St. Louis Fed, farm tractors and self-propelled combine unit sales are in better shape.

“Although the March numbers were likely impacted by COVID-19, It is too soon to tell the long-term impact of the current crisis on ag equipment sales,” said Curt Blades, senior vice president of Ag Services at the Association of Equipment Manufacturers. “Our number one priority as an industry right now is doing what we can to meet the needs of farmers during planting time while keeping our employees and customers healthy.”

The full reports can be found in the Market Data section of the AEM website under Ag Tractor and Combine Reports. Click here to find the report: https://www.aem.org/market-data/statistics/us-ag-tractor-and-combine-reports/

Source: Association of Equipment Manufacturers, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset.