Agriculture Roundup for Friday August 12, 2022
MELFORT, Sask. — Farm tractor sales dropped last month across the country.
An Association of Equipment Manufacturers (AEM) report said tractor sales were down 10.7 per cent in July, down in all two-wheel drive sectors. The report also points to a 28 per cent increase in the sales of four-wheel drive tractors.
Combine harvester sales declined 32 per cent last month to 247 units sold.
Year to date farm tractor sales were down 8.3 per cent in Canada, while combines are down 22 per cent, reversing the improvement reported in June.