Overall U.S. sales for tractors dropped 8.2%, and combine sales fell by 34.6% in August 2025 compared to August 2024, according to numbers from the Association of Equipment Manufacturers (AEM).
Canadian sales for farm tractor sales fell by 6.7% in August 2025 compared to last year, while combine sales grew 52.2%.
“While the rise in Canadian combine sales is a bright spot, the continued declines in the U.S. underscore the cautious sentiment we’re seeing across the ag equipment market,” said Curt Blades, senior vice president of AEM. “Farmers are clearly taking a measured approach to capital investments, weighing operational needs against persistent economic pressures like trade concerns, high interest rates, and input costs. We remain hopeful that stability will return, especially as producers head into harvest.”
Tractor Sales
Total farm tractor sales for August 2025 were 15,675, down 8.2% compared to 17,069 sold in August 2024. Year-to-date, AEM reports 136,210 total farm tractors were sold this year, down 9.6% from 150,609 in 2024. Total farm tractor inventory began at 99,490 in August.
Tractor sales are broken down by horsepower range as follows:
Sales for 2WD sub-40 hp tractors in August 2025 were down 8.5% from 2024, with 9,410 sales this year, and 10,289 last year. Year-to-date, AEM reports 88,949 tractors sold in this category, down 7.6% from 96,257 at the same time last year. Two-wheel drive, sub-40-hp tractor inventory began at 62,857 in August.
Sales for 2WD 40–100 hp tractors in August were up 0.7%, with 4,744 sales in 2025, and 4,710 in 2024. Year-to-date, AEM reports 34,219 tractors sold in this category, down 5.4% from 36,169 at the same time last year. Two-wheel drive, 40–100-hp tractor inventory began at 27,724 in August.
Sales for 2WD 100-plus hp tractors in July were down 22.6%, with 1,350 sales this year, compared to 1,744 last year. Year-to-date, AEM reports 11,441 tractors sold in this category, down 26.3% from 15,520 last year. Two-wheel drive, 100-plus-hp tractor inventory began at 8,245 in August.
Sales for 4WD tractors were down 47.5% in August, with 171 sales this year, and 326 last year. Year-to-date, AEM reports 1,601 tractors sold in this category, down 39.9% from 2,663 last year. 4WD tractor inventory began at 664 in August.
Combine Sales
Sales for self-propelled combines were down 34.6% in August with 404 sales this year compared to 618 last year. Year-to-date, AEM reports 2,275 combines were sold this year, down 42.1% from 3,926 last year. Self-propelled combine inventory began at 1,263 in August.