Sales of combines are a handy gauge for farmer optimism. This winter, farmers aren’t feeling it.
Tag Archives Association of Equipment Manufacturers
Tractor, combine sales face downward trend
Sales of farm tractors and combines have declined over the last year in North America
John Deere’s repair policies probed
REUTERS — The U.S. Federal Trade Commission is probing farm equipment maker John Deere over the company’s repair policies, according to a filing made public earlier this month. The investigation, authorized on Sept. 2, 2021, focuses on repair restrictions manufacturers place on hardware or software. The probe was made public through a filing by data […] Read more
Equipment sales to slow in 2024
Sales of ag equipment could decline by up to 15 per cent in Canada because of slumping grain and oilseed prices
Farm Credit Canada recently released a farm machinery market outlook for 2024, and the news isn’t all that great for Canadian equipment dealers, especially when it comes to harvesting equipment. Despite new combine sales growing 5.5 per cent in 2023 in Canada compared to 2022, according to the Association of Equipment Manufacturers (AEM), the FCC […] Read more
Large tractor sales gain ground
It’s too early to tell if uptick is the start of a long-term trend of replacing a national ag fleet that’s getting ‘long in the tooth’
The large tractor business is picking up on both sides of the border, according to new data from the Association of Equipment Manufacturers. Farm equipment suffered significant supply chain disruption during and immediately following the pandemic. In Canada, unit sales of 100+ horsepower tractors grew 2.7 per cent in March compared to the same month last year. In […] Read more
Four-wheel drive tractor sales strong in Canada
Long-term optimism in the sector cited as reason ag equipment sales have been strong for three years in North America
Soaring sales of four-wheel-drive tractors this year in North America is a vote of confidence from farmers in the long-term future of their operations as they embrace new technologies, says an industry leader. Sales have increased 43 percent in the United States this year and 22 percent in Canada, said Curt Blades, senior vice-president of […] Read more
Equipment hall of fame seeks nominees
The Association of Equipment Manufacturers’ Hall of Fame is seeking nominations for the 2023 induction ceremony. Since its inception in 1993, the organization has inducted 67 individuals who have contributed to the construction and agriculture equipment manufacturing industry. Nominations will be accepted until June 16. More information is at aem.org.
