The Association of Equipment Manufacturers (AEM) is reporting a continued downward trend in Canadian agricultural tractor and combine sales for July.
According to the monthly report, self-propelled combine sales, at 163 were down 43.8 per cent, when compared to July 2018. Year-to-date sales were also down, from 1121 in 2018 to 839 this year, a 25.2 per cent fall.
Total farm tractor sales fell 11.8 per cent compared to July 2018, and 7.7 per cent lower year-to-date, with 4WD and 2WD tractors down 34.7 per cent, and 6.6 per cent year-to-date, respectively.
The only category that remained relatively neutral year-to-date was 2WD, under 40 horsepower tractors, which for the month still saw an 11.1 per cent fall over July 2018.
According to AEM’s retail sales tracking, unit sales for equipment for 2019 followed last year’s trendline fairly closely from February to May, beginning to deviate in June.