April 2021 farm tractor sales grow over already-large 2020 gains

April 2021 farm tractor sales grow over already-large 2020 gains
May 13th, 2021 | NAFB

U.S. farm tractor unit sales continue double-digit growth rate in both the U.S. and Canada, and inventories continue to fall, after a strong month of April.

U.S. total farm tractor sales rose 22.7 percent in April compared to 2020, which was the first month of the current sales growth trend, while U.S. combine sales fell 3.2 percent.

U.S. tractor sales grew across every segment, with the biggest gains in the 100 plus horsepower segment, up 29.2 percent.

For Canada, April monthly tractor and combine sales were positive across all segments, with the four-wheel-drive segment nearly doubling, up 93.3 percent to 201 units sold, while total farm tractor sales were up 72.3 percent. Combine sales also grew 23.1 percent.

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