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Tractor Market Growth Faces Challenges Amidst Regional Disparities

The latest market data report from Constellation Data Solutions shows tractor dealers saw revenue down 23% year-over-year in December. This data is based on “same store” results of dealers who have submitted data each month for 3 years in a row. The report is based on 246 dealers, who during the month sold 105,000 new whole goods units and did $2 billion in total sales.

U.S. tractor dealers reported December revenue increased by 11% from November. Canadian dealers, reported a 15% increase in December revenue compared to November.

In the U.S., the South and Midwest experienced moderate growth in the early months but ended the year with double-digit declines in November and December. Conversely, the Northeast showed mixed results, with December revenue down 14% compared to the prior year.

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Seeding Winter Wheat near Oshkosh Nebraska

Video: Seeding Winter Wheat near Oshkosh Nebraska

Seeding Winter Wheat near Oshkosh Nebraska

I am in the fie3ld with a farmer near Oshkosh Nebraska as he his no-till drilling winter wheat into a harvested corn field. In the video the farm is running their John Deere 9470RX tractor pulling a 42 foot wide Deere 1890C air drill with a 1910 commodity cart.

Winter wheat will emerge this fall and go dormant over the winter. In the spring it will stat growing again and be ready to harvest in mid July.