Farms.com Home   News

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.

Click here to see more...

Trending Video

2025 FCC Annual Public Meeting

Video: 2025 FCC Annual Public Meeting

Join FCC Board Chairperson Jane Halford, President and CEO Justine Hendricks, and EVP of Finance Corinna Mitchell-Beaudin as they address 2024-25 financial results, review the year and discuss the FCC’s role in driving the Canadian agriculture and food industry forward.

The video opens with a celebration of Indigenous food systems and their historical and ongoing contributions to agriculture and food, reflecting the diversity of the Indigenous community in Canada.