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U.S. farm tractor sales rose during 2019.Photo: iStockphoto.com/valio84sl
Farm tractors sales in the U.S. increased 3.6 percent in 2019, reads a recent report from the Association of Equipment Manufacturers.
Those sales reached 244,637 units in the last calendar year, the report noted. Meanwhile, sales of self-propelled tractors dropped slightly, by 0.7 percent to 4,807 units. That was 32 fewer than in 2018.
For December 2019, tractor sales rose 1.1 percent over the previous December. Combines sales dropped 12.3 percent from December 2018 to December 2019. The December highlight was a rise in U.S. U.S. four-wheel drive tractor sales of 28 percent — 322 additional units — over December 2018, according to the AEM.
“While growth hit a bump toward the end of the year, ag tractor and combine sales overall for 2019 ended relatively flat,” the release quoted Curt Blades, the AEM’s senior vice-president of agriculture services. “On top of that, from survey data we gathered along with the Equipment Dealers Association, majorities of both manufacturers and dealers agree inventory levels are sitting about right at the moment, which should put our members and the overall ag sector in a positive place for the near future.”
In Canada, all sectors fell in 2019, with 4-wheel-drive tractors declining most, by 37 percent, from 885 to 570 units sold year-over-year.
For more information, visit www.aem.org.