The momentum growing at the end of 2020 has rolled over into 2021 when it comes to tractor and combine unit sales.
The latest data from the Association of Equipment Manufacturers (AEM) shows that total farm tractor sales in Canada are up 39 per cent for January 2021, while combine sales hit 52.2 per cent more units.
Monthly tractor sales grew across all segments, with four-wheel-drive units leading the way for the second month in a row — up 118.2 per cent, while sub-40hp units grew 33.4 per cent, and 40-100 hp units were up 57.3 per cent. The big 100+ hp tractors saw growth as well in Canada — up 26.7 per cent.
U.S. total farm tractor sales rose 24.7 per cent in January 2021, compared to 2020. Self-propelled combine sales grew a significant 76.8 per cent, while U.S. unit sales grew across all segments, with the biggest gains continuing in the small sub-40hp segment — with gains of 32.9 per cent.
Curt Blades, senior vice president of ag services at AEM says they are pleased to see last year’s growth trends continuing into the new year.
“While smaller units continue to lead the way, improved commodity prices and market conditions are leading to further gains in harvesters and bigger row crop units,” says Blades.
Please register to read and comment.