The Association of Equipment Manufacturers released the November 2024 Ag Tractor/Combine Sales Report that shows lower numbers than November 2023. U.S. sales of tractors in all classes dropped 14.5 percent compared to the same time last year. U.S. combine sales remain soft, showing a decline of 24 percent year to date in 2024. “November’s sales of tractors and combines follow the same pattern of the last few months of softness in the market,” says Curt Blades, AEM Senior Vice President. “This slowdown can be traced back to high interest rates and uncertainty in the ag economy.” U.S. sales of 100-plus horsepower tractors took the biggest drop in November, down 37 percent from November 2023. In Canada, 40-100 horsepower tractors are down 22.6 percent compared to last year, and four-wheel drive tractor sales were closer to stable but still five percent lower. Overall, Canada tractor sales dropped 18.8 percent from last year.