According to recent data from the Association of Equipment Manufacturers (AEM), U.S. sales of combines fell 34.6% while sales of agricultural tractors dropped 8.2% in August 2025 compared to the year before. 

Canadian sales of combines jumped 52.2% in August 2025 compared to the year before. Sales were also up 2.3% year-to-date.

“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 at the Association of Equipment Manufacturers. “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.”