The equipment market remains hot. Fresh data from the Association of Equipment Manufacturers shows improved commodity prices and better financial outlooks are aiding equipment purchases.
The latest AEM flash report shows sales of all tractors were up 81% in March compared to March 2020.
It was a solid start to the year, as the data also showed in the first three months of 2021, more than 63,000 tractors were sold, which is a 52% increase year to date.
It’s not just one category driving the skyrocketing equipment sales. AEM data shows sales were higher across all categories.
Combine sales are also up. Compared to a year ago, combine sales shot up 17% in the first three months of the 2021.
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