October ag equipment sales dip

The Association of Equipment Manufacturers has released their October ag tractor and combine sales report, and perhaps unsurprising to many, sales in all but one category are down compared to 2018.

Though October still saw the expected spike in unit sales for the year, the total for farm tractors sold in the month was down 8.4 per cent over 2018, and 5.2 per cent year to date over 2018. Self-propelled combine sales were down to 257, from 283 (-9.2 per cent) over October last year, and down 24.7 per cent year-to-date over 2018.

The only category that saw a slight rise was 40-100 horsepower tractors, with sales coming in 6.1 per cent higher than October 2018. Converesely, 4WD farm tractors saw a 51 per cent decline over October 2018.

U.S. sales largely saw declines as well, though all under 5 per cent compared to October 2018, and year-to-date numbers were all up, ranging from 0.6 per cent to 6.6 per cent compared to last year. Self-propelled combines saw the greatest increase for the month of October, coming in 8.1 per cent higher than last year (495 sales in 2019, over 458).

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