AEM Releases January 2022 Equipment Sales Numbers

Overall ag tractor sales in the U.S. and Canada continued rising into January 2022, while sales of combine harvesters slowed for the month. The Association of Equipment Manufacturers recently released its monthly sales report for farm equipment. The report shows U.S. total farm tractor sales gained 1.5 percent for the month of January compared to 2021, while U.S. combine sales for the month fell 41.4 percent to 205 units sold. In Canada, sales of tractors for the month of January were up 6.3 percent overall. Combine harvesters were also down in Canada, falling 30 percent to 49 units sold. The data continues the sales trend that started in June of 202 and reliably remained above the five-year average since. AEM’s Curt Blades says, “The strength of ag markets and farmers seeing the value in the new technologies on offer is driving demand.” However, Blades adds, lingering effects of the supply chain remain a concern.

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