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Farm tractor sales down 8% in 2023


According to the Association of Equipment Manufacturer's monthly "Flash Report," total sales of all tractors during 2023 were 250,265, down 8% from 2022.


The sales of all tractors during December 2023 in the U.S. were down 5% from the same month last year. In December, a total of 19,208 tractors were sold which compares to 20,237 sold in 2022.


For the month, two-wheel drive smaller tractors (under 40 HP) were down 6% from last year, while 40 & under 100 HP were down 8%. Sales of 2-wheel drive 100+ HP were up 4%, while 4-wheel drive tractors were down 16%.


For the full year 2023, two-wheel drive smaller tractors (under 40 HP) are down 11% from 2022, while 40 & under 100 HP are down 9%. Sales of 2-wheel drive 100+ HP were up 5%, while 4-wheel drive tractors were down 8%.


Combine sales were down 16% in the month. Sales of combines for the month totaled 610.


Total 2023 sales of combines was 7,369 up 2% from 2022 sales of 7,248.

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