USAgNet – 08/11/2022

According to the Association of Equipment Manufacturer’s monthly “Flash Report,” the sale of all tractors during July 2022 in the U.S. were down 21% from the same month last year.

Agri Marketing magazine reports that in July, a total of 22,910 tractors were sold which compares to 29,011 sold in 2021.

For the month, two-wheel drive smaller tractors (under 40 HP) were down 28% from last year, while 40 & under 100 HP were down 16%. Sales of 2-wheel drive 100+ HP were up 23%, while 4-wheel drive tractors were up 22%.

For the year, two-wheel drive smaller tractors (under 40 HP) are down 18% from last year, while 40 & under 100 HP are down 13%. Sales of 2-wheel drive 100+ HP are up 12%, while 4-wheel drive tractors are down 6%.

Combine sales in July totaled 715 up 9% from last year. Year to date sales of combines in 2022 total 2,865, a decrease of 2% from the same period in 2021.