2021 Boasts Double-Digit Rise in Tractor Sales

Even through supply chain disruptions, nearly 360,000 total tractors and combines left dealer lots in North America last year. Both the U.S. and Canada saw gains of more than 10% in nearly every equipment segment according to the Association of Equipment Manufacturers. Dominating the U.S. were 100-plus-horsepower two-wheel-drive tractors, growing by more than 24%. Four-wheel-drive tractor sales were up more than 18%.

Meanwhile in Canada, even the slowest-selling segment of 40- to 100-hp two-wheel-drive tractors grew a notable 14.4%. The record-breaking sales in both countries come after several consecutive challenging years through the COVID-19 pandemic and low commodity prices. Looking at 2022, optimism persists as the farm economy continues to show positive movement and growth.

Read more on equipment sales here.