February sees a surge in Canadian combine sales

Canada saw a significant surge in combine sales in February 2024, up by 27.2% compared to the previous year. Year-to-date data indicates a 6.3% increase in combine sales compared to 2023, with a total of 131 units sold in February and 255 units sold overall.

According to recent data released by AEM, the total agricultural tractor sales in Canada witnessed a notable decline of 28.2% year-to-date compared to 2023.

In comparison, the United States experienced a slight increase in unit sales of 100+ horsepower agricultural tractors in February 2024 compared to the same period in 2023, with a rise of 2.8%. Year-to-date figures reveal a downturn in total units of agricultural tractors and combines sold compared to 2023. Agricultural tractor sales saw a decline of 14.2%, while combine sales dropped by 18.9%.

Curt Blades, AEM's Senior Vice President, highlighted the positive trend in combine sales in Canada and the uptick in sales of 100+ horsepower agricultural tractors in the U.S., and expressed optimism for the industry's long-term strength. 

Chart: AEM

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