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.
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