During October 2021, overall unit sales of both ag tractors and combines continued their growth above an already-hot pace set in 2020, according to the latest data from the Association of Equipment Manufacturers (AEM).
U.S. total farm tractor sales climbed 4.8% in October compared to 2020, while U.S. self-propelled combine sales jumped 72.9%, the fourth month in a row of growth near or above 20% for harvesters. The sub-40 hp stayed positive, growing 4.5%, while the mid-size 41-100 hp segment was up 4.1%. Heavy-duty units saw another big month, with 100+ hp units up 10.3%, however articulated 4WD segment continued to slow, declining 6.3%. Year-to-date farm tractor sales remain up 11.4%, and combines growth moved to 24.4%.
For Canada, October monthly tractor and combine sales were positive as well, with both ag tractors and combines finishing the month in the black. The sub-40 hp segment was up 8.6%, while the biggest growth sectors were 4WD and combine harvesters, up 48 and 44.2% respectively. Total farm tractor sales were up year-to-date 23.4%.
“We’re pleased to see ag equipment sales remain positive, despite the very real supply chain challenges” said Curt Blades, Senior Vice President of Agriculture Services at the Association of Equipment Manufacturers. “We remain optimistic that these positive sales trends will continue along with the ongoing strength in the ag economy.”
