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COMBINE HARVESTERS FINISH POSITIVE FOR 2022, WHILE TRACTOR SALES FALL

Combine harvester sales finished the year with healthy gains in unit sales while ag tractors finished the year below 2021 levels in both the U.S. and Canada according to the latest data from AEM.

Total U.S. ag tractor unit sales fell for both the month of December as well as the year as a whole compared to 2021, with the sub-40hp segment leading losses in both timeframes, losing 26.7 percent for the month and 19.3 percent for calendar 2022. U.S. self-propelled combine sales, however, grew 16.3 percent on the month, finishing the year up 15.8 percent. Only one other segment grew for the year, 100+hp units, finished the year up 11.3 percent despite losing 2.7 percent for the month of December. Total farm tractor sales in the U.S. for the year fell 14.8 percent versus 2021.

In Canada, combine harvesters led sales for the year again, up 10.7 percent, assisted by a 27.7 percent bump in December. Overall unit sales in tractors finished the year down 7.2 percent, with the sub-40hp segment leading losses north of the border as well, down 17 percent for December and 9.8 percent for the year. Conversely, 4WD units were the only tractor segment to finish the year positive, growing 6.3 percent for the year, helped by more than doubling sales in the month of December. Two-wheel-drive tractors above 100hp finished the year nearly flat, selling only 9 fewer units than the year before, putting that segment down 0.2 percent.

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