Farms.com Home   Farm Equipment News

Tractor Market Revenue in U.S. Declines 17% in January

Tractor market data from January, 2025 shows a 17 percent decline in revenue in the U.S., while Canadian revenue increased 15 percent, according to analysis by Constellation dealership software companies. Credit: Constellation Dealership Software

Throughout the U.S., Constellation’s report detailed monthly revenue by region and the data shows the largest decrease was experienced in the Midwest (-31%) followed by the West (-18%), and the Northeast (-16%), while the Southwest saw a 6% increase.

For its part, Canada experienced 15% growth from January 2023 to January 2024, growing from a 50% decline in November and 22% decline in December, 2024.

Click here to see more...

Trending Video

Agriculture Enlightened 2026

Video: Agriculture Enlightened 2026

Agtech is a rapidly expanding sector in Canada. At Agriculture Enlightened, you’ll hear from leading voices on the innovation, issues, and ideas that are helping to grow Canada’s position as a global leader in agtech, and meet the needs of an evolving global population. Experience a day of engaging sessions that delve into emerging topics across the agri-food value chain, and participate in a unique opportunity to network with a broad spectrum of leaders in the digital agriculture sector.