Ag Informer – Analyzing the Tractor & Combine Market

According to the Association of Equipment Manufacturer’s monthly “Flash Report,” the sale of all tractors during April 2022 in the U.S. were down 22% from the same month last year.

In April, a total of 31,587 tractors were sold which compares to 40,669 sold in 2021 – a 22% decrease.

For the month, two-wheel drive smaller tractors (under 40 HP) were down 25% from last year, while 40 & under 100 HP were down 19%. Sales of 2-wheel drive 100+ HP were up 3%, while 4-wheel drive tractors were down 21%.

For the year, two-wheel drive smaller tractors (under 40 HP) are down 17% from last year, while 40 & under 100 HP are down 11%. Sales of 2-wheel drive 100+ HP are up 10%, while 4-wheel drive tractors are down 8%.

Combine sales were down 15% in the month. Sales of combines for the month totaled 459 a decrease of 6% over the same period in 2021.

To read the entire report click here.