The latest Association of Equipment Manufacturers (AEM) report for September has been released, and unit sales for North American segments are all positive.
Canadian combine sales saw an overall gain of 9.5 per cent compared to this same time last year, according to report.
September two-wheel-drive and four-wheel-drive tractor sales grew across all segments as well, with an overall gain of 25.1 per cent for the month and 8.9 percent year-to-date.
Within the two-wheel-drive category most notably, >100 hp tractor sales are down 15.9 per cent, and four-wheel-drive tractor sales are down 11.4 per cent, year-to-date.
“Overall tractor sales continue to be driven by small tractors, but we are also starting to see some improvement in larger horsepower and 4WD tractors,” says Curt Blades, Senior Vice President of Ag Services at the AEM. “With all tractor and combine segments showing month-to-month growth in September, we’re cautiously optimistic that this year may end up strong despite all of the head winds in the market.”
U.S. total farm tractor sales rose 21.6 per cent in September compared to 2019, while combine sales grew 8.2 per cent, says the report. Total year-to-date farm tractors sold are up 14.7 per cent in 2020, while combines are now up 4.3 per cent on the year.