U.S. Sales of Ag Tractors and Combines Fall in October 2024
MILWAUKEE (November 12, 2024) – U.S. sales of Ag tractors decreased 14.2% in October 2024 compared to the year prior, according to new data from the Association of Equipment Manufacturers. Sales of combines also fell during the month, dropping 34.6% compared to 2023.
“October’s sales of ag tractors and combines follow a September that also showed a slowdown in sales,” said AEM Senior Vice President Curt Blades. “These declines point to the overall softness in the ag economy following a robust five years of positive industry results." 
Canadian sales of Ag tractors also dropped in October 2024, finishing the month 15.1% behind 2023’s sales, while combine sales fell 26.9% compared to the year before.
The Ag Tractor and Combine reports can be found on the AEM Market Share Statistics page. The U.S. report can be downloaded from this page, while the Canadian report is available for download here.
The Association of Equipment Manufacturers (AEM) is North America’s premier trade organization representing off-road equipment manufacturers and their value chain partners. With a rich history spanning over 125+ years, AEM serves more than 1,100 members companies across 200+ product lines in multiple sectors including construction, agriculture, mining, utility, and forestry. AEM supports an industry that contributes approximately $316 billion annually to the U.S. economy while sustaining 2.3 million jobs. Through advocacy, market intelligence, and industry collaboration, AEM works to advance the interests of equipment manufacturers and their partners in the global marketplace.