AEM: New tractor and combine sales lag
The latest Association of Equipment Manufacturers’ report notes the sale of agricultural tractors and combines were down by nearly double-digit in all categories during April and continuing a trend Jan. 1.
In summary, 22,201 farm tractors were sold in April, compared to 25,317 units in April 2024, a decline of 12.3%.
The AEM reports farm tractors in several categories. It notes two-wheel drive sales in three segments: less than 40 horsepower, 40 to 100 horsepower and more than 100 horsepower. It also has a category for four-wheel drive.
For two-wheel farm tractors under 40 horsepower, the AEM reported 15,387 units were sold, which was a decline of 10.4% from April 2024 when 17,177 units were sold. For the year-to-date, 38,244 units were sold, compared to 43,374 a year ago, which represented a 11.8% decline. The beginning inventory in April was 75,928 units.
For 40 to 100 horsepower tractors, 4,633 units were sold in April compared to 5,000 units in April 2024, a decline of 7.3%. Year-to-date 14,131 units were sold compared to 15,706 units a year ago, a decline of 10%. The beginning inventory in April was 31,650 units.
For two-wheel drive tractors above 100 horsepower, 1,888 units were sold in April compared to 2,639 units in April 2024, a decline of 28.5%. Year-to-date 5,760 units were sold compared to 7,613 units a year ago. The beginning inventory in April was 9,684 units.
In April, AEM members sold 293 four-wheel drive tractors compared to 501 units in April 2024, a decline of 41.5%. Year-to-date, 829 tractors were sold compared to 1,329 during the same period a year ago. That is a decline of 37.4%. The beginning inventory in April was 771 units.
Self-propelled combines
In April, AEM member companies sold 414 combines in April, which was down from 608 units in April 2024, a decline of 31.9%. Year-to-date, 936 new combines were sold compared to 1,809 units in the same period a year ago. That represents a 48.3% decline. The beginning inventory in April was 1,153 units.
The AEM Ag Tractor and Report is provided monthly and derived from AEM member companies through proprietary statistical reporting programs.
Dave Bergmeier can be reached at 620-227-1822 or [email protected].
