U.S. and Canadian ag tractor monthly unit sales in June 2022 fell, while harvester sales grew in both countries, according to the latest data from the Association of Equipment Manufacturers (AEM).U.S. and Canadian ag tractor monthly unit sales in June 2022 fell, while harvester sales grew in both countries, according to the latest data from the Association of Equipment Manufacturers (AEM).
U.S. total farm tractor sales fell 8.2% for the month of June compared to 2021, while U.S. self-propelled combine sales for the month grew 25.3% to 629 units sold. The 100-plus-horsepower, two-wheel-drive tractor segment was the only one in the black for the fourth month in a row, up 9.6%, indicating continued demand in row-crop agriculture. Midrange tractors between 40 and 100 horsepower fell 7.2%, and the sub-40-hp segment were down 10.2%. Four-wheel-drive tractors finished the month down only 3%. Total farm tractor sales are down 13.4%, while combine harvester unit sales improved, now down only 5.5% on the year.
In Canada, overall unit sales in tractors were down 5% despite two-wheel-drive units in the 40- to 100-hp and four-wheel-drive tractors growing 1.8% and 46.4%, respectively. Total two-wheel-drive unit sales were down 5.9%, led by 100-plus-hp units fall of 11.1%. Combine harvester unit sales grew in Canada, up 35.1% to 154 units sold. Year-to-date farm tractor unit sales are down 7.9% in Canada, while harvesters are down 15.5%, cutting their loss nearly in half.
“We’re glad to see the growth in combine harvesters this month,” said Curt Blades, senior vice president, industry sectors and product leadership at the Association of Equipment Manufacturers. “That helped put both countries at or above their five-year average for the month of June in overall unit sales despite ongoing supply chain challenges holding ag tractors back.”
The full reports can be found in the market data section of the AEM website under ag tractor and combine reports.
U.S. reports can be found here.
Canadian reports can be found here.
AEM is the North America-based international trade group representing off-road equipment manufacturers and suppliers with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry in the U.S. supports 2.8 million jobs and contributes roughly $288 billion to the economy every year.
—From an Association of Equipment Manufacturers news release