U.S. Sales of 4-Wheel-Drive tractors increased 24% in April compared to 2023, according to the聽聽from the聽. Additionally, 4-Wheel-Drive tractor sales are up 1.9% in the U.S. year-to-date.
Unit sales of 100+ Horsepower tractors increased in the U.S. April sales rose 7.2% year-over-year, following March鈥檚 jump of 3.2%. February sales were also up 2.7% compared to last year. Combines sales increased in April, growing 6.7% compared to 2023.聽
鈥淭he modest growth in agriculture 4-Wheel-Drive tractor sales in April 2024 is an indicator of resilience in the overall ag industry,鈥 said AEM Senior Vice President Curt Blades. 鈥The smaller horsepower market continues to be a challenge, but we remain optimistic for the long-term strength of the ag equipment market.鈥
of Combines also skyrocketed 73.5% in April compared to 2023 and are up 17.7% year-to-date. 4-Wheel-Drive tractors grew 7.2% year-over-year and 9.2% year-to-date.聽
聽can be found on the聽. The U.S. report can be downloaded from聽, while the Canadian report is available for聽. 聽
About the Association of Equipment Manufacturers (AEM)
聽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 United States supports 2.3 million jobs and contributes roughly $316 billion to the economy every year.聽
