Tractor Sales Are Down
Sunday, May 15th, 2022 -- 7:38 AM
According to the Association of Equipment Manufacturer's monthly "Flash Report," the sale of all tractors during April 2022 in the U.S. were down 22% from the same month last year.
Agri Marketing magazine reports that in April, a total of 31,587 tractors were sold which compares to 40,669 sold in 2021, a 22% decrease. For the month, two-wheel drive smaller tractors (under 40 HP) were down 25% from last year, while 40 & under 100 HP were down 19%. Sales of 2-wheel drive 100+ HP were up 3%, while 4-wheel drive tractors were down 21%. For the year, two-wheel drive smaller tractors (under 40 HP) are down 17% from last year, while 40 & under 100 HP are down 11%. Sales of 2-wheel drive 100+ HP are up 10%, while 4-wheel drive tractors are down 8%.
Combine sales were down 15% in the month. Sales of combines for the month totaled 459 a decrease of 6% over the same period in 2021.
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