December 14, 2020
Farm tractor and self-propelled combine unit sales continued their growth across the U.S. in November 2020, according to the latest data from the Association of Equipment Manufacturers.
Here's a look at U.S. numbers:
U.S. total farm tractor sales rose 41% in November compared to 2019.
U.S. self-propelled combine sales grew 33.1%.
U.S. four-wheel-drive units nearly doubled in November, up 91.4% to 201 units, now up year-to-date 4.7%.
100+hp tractor sales grew 24.2% in November, keeping the big units positive for the year, now up 1.2% year-to-date.
Total YTD farm tractor sales are up 16.4% in 2020.
Total YTD combine sales are up 6.4% on the year.
Small to mid-size units continued growth in Canada. Here's a look at the numbers:
November tractor sales saw its biggest growth in the sub-40hp range, carrying overall tractor sales to a 4.4% growth for the month and 9.1% YTD.
40-100hp tractor sales stayed almost flat, only growing 0.3%.
100+hp units had a small drop of 0.5%.
Four-wheel-drive unit sales fell 7.7% in November.
Self-propelled combines took a 45% tumble for the month, putting YTD unit sales 11.1% behind their 2019 pace.
“On the whole, this sales report continues the generally positive trends we have seen since April,” said Curt Blades, senior vice president of ag services at the Association of Equipment Manufacturers. “That trend includes strong growth in the smaller units, while bigger units are following along a little more slowly.”
Want more info?
The full reports can be found in the Market Data section of the AEM website under Ag Tractor and Combine Reports.
Source: AEM, 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.
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