Tractor Sales Rise in June for First Time in 2023

Last month held the first time U.S. tractor sales showed a year-over-year gain for 2023. Sales now look more like the five-year average, perhaps shaking the post-pandemic lag seen across other sectors. Tractor sales came in at 27,306, up 1.5% from last year. Year to date, the Association of Equipment Manufacturers (AEM) reports 129,964 total farm tractors have been sold, down 9.7% from this time in 2022.

Meanwhile, combine sales were up again in June and up 9.8% overall, with 673 sales in 2023 compared to 613 this time last year. AEM reports the continued strength in commodities markets and the appeal of more efficient technologies on modern equipment is driving sales.

Read more on tractor and farm equipment sales here.