Canadian tractor sales even in May, combine sales drop

333

Source: Agri Marketing magazine

According to the Association of Equipment Manufacturers’ monthly “Flash Report,” the sales of all tractors in Canada in May 2020 are even with last year.

For the month, a total of 2,754 tractors were sold, which compares to 2,777 sold through May 2019, a decrease of -.8%.

For the month of May, two-wheel-drive smaller tractors (under 40 HP) were down up 8% from last year while 40 & under 100 HP were down 9%. Sales of two-wheel-drive 100+ HP were down 42% compared to last year and four-wheel-drive tractors were up 14% for the month.

For the year, two-wheel drive smaller tractors (under 40 HP) are down 5% from last year, while 40 & under 100 HP are down 9%. Sales of 2-wheel drive 100+ HP are down 26%, while 4-wheel drive tractors are down 24% for the year.

Combine sales were down 65% for the month. Sales of combines for the year totaled 324, a decrease of 41% over the same period in 2019.