By Alice McFarlane

Strong sales for combines and 4WD tractors in September

Oct 14, 2022 | 12:46 PM

MELFORT, Sask. – There are encouraging sales numbers for farm equipment.

The Association of Equipment Manufacturers (AEM) said the September report showed an increase in combine harvester sales in North America.

While combine grew in for both the U.S. and Canadian markets, total tractors fell.

Curt Blades, AEM senior vice president of industry sectors and product leadership, said the results were encouraging considering the challenges in the agriculture sector.

“The ag equipment market, as with most markets for manufactured goods, is turbulent,” Blades said.

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In Canada, growth in the majority of segments led to the first two-month growth streak of the year, with growth led by combine harvesters, up 105.6 per cent.

Overall unit sales in tractors were down 0.9 per cent, with 4WD units leading sales again, up 64.3 per cent year-on-year. Unit sales in 2WD segments fell 1.6 per cent due to a 13.1 per cent decline in the sub-40 horsepower segment.

Both mid-range and 100+ hp units were up 41 per cent. Year-to-date farm tractor unit sales cut their losses, now only down 6 per cent in Canada, while harvesters are only 1 unit off their pace this time last year, currently at 1,241 units sold.

Blades said growers are looking for ways to improve their operations however they are frustrated by delays.

“Farmers want to take advantage of the efficiency gains and technology that new equipment brings to their operations, especially with commodity markets being as positive as they are,” he said. ” However, supply chain difficulties continue to weigh on our member manufacturers’ deliveries.”

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alice.mcfarlane@pattisonmedia.com

On Twitter: @farmnewsNOW