According to the April 2016 U.S. Ag Tractor and Combine Report, published by the Assn. of Equipment Manufacturers (AEM), sales of under 40-horsepower 2WD farm tractors have continued to increase from last year’s sales. For April, retail sales were 16,569 compared to 15,368 in April 2015, an increase of 7.8%, with year-to-date sales of under 40-horsepower tractor holding a 17.9% increase from this same time last year.
U.S. retail sales of 40- to 100-horsepower and over 100-horsepower 2WD tractors declined 15.3% and 16%, respectively, compared to April 2015. Additionally, 4WD farm tractors have dropped 31.5% from January-April 2016 compared to the same time frame last year, along with self-propelled combines showing a 26% year-to-date decline in sales.