OP
Cahaba Valley Farm
Veteran Member
Those people bought the American dream and I chose not to. The American dream comes with a hefty price tag.
New Tractor Sales Are Declining
- Thread starter Cahaba Valley Farm
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Some useful public data on 1100 OPE dealers is published by Constellation here: OPE Market Data - Constellation Dealership Software
This data shows sales flat with 2022, which I think indicates a good start to the year in light of when the down months happened in 2022. Keep an eye on this data for the next few months to see if we're going to be up or down this year.
OP
Cahaba Valley Farm
Veteran Member
This just popped up in my news feed tonight:
According to AEM, "Sales for 2WD sub-40 hp. tractors in February were down 25.6% from 2022, with 8,785 sales this year, and 11,801 last year."
You can read the report here: Combine sales up, tractor sales falling back to pre-pandemic levels in February
According to AEM, "Sales for 2WD sub-40 hp. tractors in February were down 25.6% from 2022, with 8,785 sales this year, and 11,801 last year."
You can read the report here: Combine sales up, tractor sales falling back to pre-pandemic levels in February
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Good find. I was looking at ope which has a lot of overlap with tractors... guess not enough.
airbiscuit
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- New Holland T2310 (40hp), Kubota L3010 GST, New Holland TC21DA *** Previously - Farmall H, 1941 John Deere B, Shibaura SD1500, John Deere 850, Bobcat 642, New Holland 1925
2021 seems to have been the high flyer. Last year and YTD seem to be tracking the 5 year average.
rScotty
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Does that mean that AEM also has a separate category for 4WD sub-40 hp tractors? That makes me wonder if 4WD sales are up or down. My impression is that most TBNers seem to be buying 4WD.
airbiscuit
Super Member
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- NW Wisconsin
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- New Holland T2310 (40hp), Kubota L3010 GST, New Holland TC21DA *** Previously - Farmall H, 1941 John Deere B, Shibaura SD1500, John Deere 850, Bobcat 642, New Holland 1925
I think AEM considers Mechanical Front Assist Tractors as 2wd. I think they consider Articulated 4wd as 4wd for their purposes. That is just my opinion looking at their categories and numbers
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OP
Cahaba Valley Farm
Veteran Member
What airbiscuit said ^^^ is correct.
jyoutz
Super Member
That graph shows that 2023 sales to date have closely tracked the 5 year average and 2020-21 were above the average. But of course 2023 data is only for 2 months. The next few months are the high sales season and that will show the current trend.
OP
Cahaba Valley Farm
Veteran Member
Yeah this month and next month will tell the story.
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