U.S., Canadian Combine Sales Rise 3.9% and 14.2% in June as Tractor Demand Falls
Updated
Updated · Drgnews · Jul 23
U.S., Canadian Combine Sales Rise 3.9% and 14.2% in June as Tractor Demand Falls
2 articles · Updated · Drgnews · Jul 23
Summary
AEM reported June combine sales rose 3.9% in the United States and 14.2% in Canada from a year earlier, marking a rare bright spot in North American farm equipment demand.
Tractor sales moved the other way, dropping 18.4% in the U.S. and 12.5% in Canada, underscoring what AEM called significant economic headwinds for the market.
Curt Blades of AEM said the split suggests farmers are still spending selectively, directing money to equipment that makes the most operational sense.
AEM said greater certainty on market conditions and long-term farm policy remains important to rebuild confidence across rural America as monthly equipment sales stay under pressure.