Farm Tractor Market – Global Industry Analysis and Forecast (2024-2030)

The mid-size segment, which ranges from 41 to 100 horsepower (30.6-74.6 kW), also saw a minor decrease. Farm tractor inventory in the United States (71,035) is down 41.3% from June 2020 (121,169), while inventory in Canada is down 33.2 % (9,535 in 2021 to 14,288 in 2020) The other segments were all positive, with the articulated 4WD category leading the way for the second month in a row, with 266 units sold, up 141.8 %. The 100+ horsepower 2WD sector climbed 24.8 % as well. Farm tractor sales are up 16.7% year to date, while combined sales are up 11%.

Farm Tractor Market – Global Industry Analysis and Forecast (2024-2030)

The mid-size segment, which ranges from 41 to 100 horsepower (30.6-74.6 kW), also saw a minor decrease. Farm tractor inventory in the United States (71,035) is down 41.3% from June 2020 (121,169), while inventory in Canada is down 33.2 % (9,535 in 2021 to 14,288 in 2020) The other segments were all positive, with the articulated 4WD category leading the way for the second month in a row, with 266 units sold, up 141.8 %. The 100+ horsepower 2WD sector climbed 24.8 % as well. Farm tractor sales are up 16.7% year to date, while combined sales are up 11%.