The recent Ag Equipment Manufacturers (AEM) Canada Ag Tractor and Combine Report shows an increase in self-propelled combine unit sales for the month of April – 147 units in April 2016 compared to 81 units April 2015. As noted in the May, 2016 Ag Equipment Intelligence* report, April is typically a slower-than-average month for combine sales, accounting for 7.2 percent of annual sales over the last 5 years. While small in numbers, these sales support stable year-to-date combine unit sales in Canada, with an increase of 1.8 percent in unit sales compared to January – April 2015. However, this modest increase isn’t enough to offset the decline in U.S. sales, as North America combine unit sales through April show a 30 percent decline year-over-year.
Canada April unit sales of 40- to 100- horsepower tractors were also reported to increase 5.2 percent with 504 units sold in April 2016 compared to 479 units in April 2015.
Year-to-date sales comparison report 2WD farm tractors in Canada are seeing an 18.4 percent decrease in sales, along with 4WD tractor sales down 22.1 percent.
Source: AEM Canada Ag Tractor and Combine Report April 2016
*Ag Equipment Intelligence, May, 2016. Used with permission.