Ag Equipment Sales Break Down Sharply in June

(MILWAUKEE, WI) June marked a down month for ag tractor and combine sales, according to the Association of Equipment Manufacturers (AEM). Total farm tractor sales fell 3.5 percent last month when compared to June of last year, while retail sales of self-propelled combines fell 23 percent. Every product category saw a decrease, though year-to-date sales for tractors (up 4.3 percent) and combines (up 4.5 percent) remained solid. Four-wheel drive tractors took the biggest hit, falling almost 16 percent year over year. Tractors with 100 or more horsepower fell more than seven percent and small utility tractors fell almost three percent as well. Canadian retail sales of farm tractors and combines fared no better. Total tractor sales dropped 14.5 percent, while sales of combines broke down 47 percent year over year.