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Equipment sales hold long-term optimism for ag

The Association of Equipment Manufacturers (AEM) says large equipment sales figures from April indicates long-term optimism for the ag industry.

Curt Blades, senior vice president at AEM, says U.S. sales of large tractors were up substantially over 2023.

“Those are big tractors.”  He says, “You don’t buy an articulated 4-wheel-drive tractor on a whim because it’s a pretty solid investment, both in dollars and then needing the acres to support it. So, I think that’s a really good indication of long term investment.”

He tells Brownfield he continues to watch sales in the harvesting market. 

“All the manufacturers have brought out brand new models in the last two years.”  He says, “That’s driving a lot of demand and I think farmers are recognizing that updating to the new technology from a fuel efficiency standpoint, and from a grain harvesting standpoint, seem to be a real beneficial boon for their operation.”

Blades says sales numbers for tractors with 100-plus horsepower were also up 7% compared to last April. 

AUDIO: Curt Blades – senior vice president @ Association of Equipment Manufacturers

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