Farm tractor unit sales continue double-digit growth rate in both U.S. and Canada, and inventories continue to fall, after a strong month of April according to…
(NAFB) – Curt Blades, the Senior Vice President of Ag Services with the Association of Equipment Manufacturers, says, “We’re operating in a very interesting market right now.”
In the first quarter of 2021, total farm tractor unit sales are up more than 50 percent in the U.S. and nearly 60 percent in Canada. Those numbers come from the recent AEM Ag Tractor Combine Report that comes out every month.
“For the last 12 months, we’ve seen a dramatic rise in the under-40 horsepower, or small tractor sales in North America, both the U.S. and Canada,” he says. “This is due largely to a lot of the industries that have done well during COVID-19, like luxury items or things that have to do with the home.”
Pierre, SD, USA / DRGNews
May 10, 2021 | 2:08 PM
In the first quarter of 2021, total farm tractor unit sales are up more than 50% in the U.S. and nearly 60% in Canada. Those numbers come from the recent AEM Ag Tractor Combine Report that comes out every month.
Curt Blades, the Senior Vice President of Ag Services with the Association of Equipment Manufacturers, says, “We’re operating in a very interesting market right now. For the last 12 months, we’ve seen a dramatic rise in the under-40 horsepower, or small tractor sales in North America, both the U.S. and Canada. This is due largely to a lot of the industries that have done well during COVID-19, like luxury items or things that have to do with the home.”
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