U.S. ag tractor and combine monthly unit sales in May 2022 fell below the 5-year average for the first time since March 2020, while Canadian sales remained above the line, according to the latest data from the Association of Equipment Manufacturers (AEM).

U.S. total farm tractor sales fell 14.5% for the month of May compared to 2021. Some 19,836 tractors in the under 40 horsepower tractor category were sold in the U.S. in May, down 15.9% from 23,587 sold in the same month last year.

In Canada, unit sales fell 11.3%, despite 2WD units in the 40-100 horsepower and 100+ horsepower ranges, and 4WD tractors growing. Total 2WD unit sales were down 11.6% due to a fall in sub-40hp units. 

A little over 2,100 tractors in the under 40 horsepower category were sold in Canada in May, down 18.2% from 2,598 in May 2021.

“Supply chain remains the primary issue in the ag equipment market right now,” said Curt Blades, senior vice president, industry sectors & product leadership at the Association of Equipment Manufacturers. “Another thing to keep in mind, especially when comparing numbers year-over-year, is 2021 sales were significantly above historic trends.”

The full reports can be found in the Market Data section of the AEM website under Ag Tractor and Combine Reports.

U.S.: https://www.aem.org/market-data/statistics/us-ag-tractor-and-combine-reports/

Canada: https://www.aem.org/market-data/statistics/canadian-ag-tractor-combine-reports/


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