According to new data from the Association of Equipment Manufacturers (AEM), U.S. sales of Ag tractors and combines fell in December 2024 compared to the year before.
U.S. Sales of Ag tractors fell 11.3% while combine sales fell 26.4% in December 2024 compared to 2023.
“December’s sales of Ag tractors and combines follow patterns we saw throughout 2024 which reflect softness in the market,” said AEM Senior Vice President Curt Blades. “While the year has been marked by high interest rates and uncertainty throughout the overall ag economy, AEM is looking forward to the potential in 2025 and will continue to advocate for policies focused on positively impacting the industry.”
Canadian sales of Ag tractors dropped 3.2% while combines fell 37.3% in December compared to 2023.
The Ag Tractor and Combine reports can be found on the AEM Market Share Statistics page. The U.S. report can be downloaded from this page, while the Canadian report is available for download here.
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