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Farm tractor sales start 2021 continuing previous year’s strong growth

Published on 10 February 2021

Farm tractor and self-propelled combine unit sales start the year continuing growth in both the U.S. and Canada, according to the latest data from the Association of Equipment Manufacturers (AEM).

U.S. total farm tractor sales rose 24.7% in January compared to 2020, while U.S. self-propelled combine sales grew a significant 76.8%. U.S. unit sales grew across all segments, with the biggest gains continuing in the small sub-40-HP segment (gaining 32.9%). One hundred-plus HP continued to grow in January, up 1.2%, building on a 3.2% total gain throughout 2020. Four-wheel-drive units also delivered solid gains, up 33.7% for the month.

For Canada, January monthly tractor sales also grew across all segments, with four-wheel-drive units leading the way for the second month in a row, up 118.2%, while sub-40-HP units grew 33.4%, 40-100-HP units up 57.3% and the big 100-plus-HP tractors growing 26.7%. Total farm tractor sales were up as a result, 39% for January 2021, while combines delivered 52.2% more units.

“We’re pleased to see last year’s growth trends continuing into the new year,” said Curt Blades, senior vice president of ag services at the Association of Equipment Manufacturers. “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.”

The full reports can be found in the market data section of the AEM website under ag tractor and combine reports. 

Click here to view the U.S. reports. 

Click here to view the Canadian reports.  end mark

AEM is the North America-based international trade group representing off-road equipment manufacturers and suppliers with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry in the U.S. supports 2.8 million jobs and contributes roughly $288 billion to the economy every year.

—From an Association of Equipment Manufacturers news release

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