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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.

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The $1.7 Billion Network Behind Canada's Seed Retail Future

Video: The $1.7 Billion Network Behind Canada's Seed Retail Future

Canadian agriculture has changed dramatically over the past 50 years, and so has the business of bringing new crop varieties to farmers. But as public plant breeding faces new pressures, private investment grows and farmers demand more from their genetics, what will the next 50 years look like?

In this special Seed World Canada Retail Strategy Webinar, we celebrate SeCan's 50th anniversary by looking beyond its history to explore the future of Canadian seed retail, plant breeding and variety commercialization.

Join Seed World Canada Senior Editor Marc Zienkiewicz and five industry experts as they discuss how independent seed businesses are adapting to a changing marketplace, the importance of partnerships between breeders and retailers, and what it will take to keep innovative crop genetics flowing into Canadian farmers' fields.