AEM: U.S. SMALL TRACTOR SALES UP IN SEPTEMBER
Oct. 21, 2019
Source: Association of Equipment Manufacturers (AEM) news release
Milwaukee, Wisconsin - Overall, September was a solid month for retail sales of tractors in the U.S. and Canada, according to the latest data from the Assn. of Equipment Manufacturers (AEM).
Total farm tractor sales in the U.S. increased 18.7% in September compared to last year. Year-to-date, total U.S. tractor sales are up nearly 5%.
Total U.S. sales of 2WD tractors increased 19.2% in September compared to a year ago; under 40 horsepower tractors sales were up 18.4%, 40-100 horsepower tractor sales increased a shade over 21%, and sales of 100-plus horsepower tractors increased 19.1%. Conversely, 4WD tractor sales were down 5.2%.
For Canada, total farm tractor sales were up 13.7%. Year-to-date, total tractor sales in Canada are down 4.4%.
"The numbers continue to remain solid, both in the U.S. and Canada, and are fueled by the replacement market," said Curt Blades, AEM senior vice president of Ag Services. "However, we continue to hear from our members real concerns about the overall ag economy.