Farms.com Home   News

Big farm equipment sales track above average

Sales of new combines and two- and four-wheel drive tractors in Canada have tracked above the five-year average so far this year, according to the Association of Equipment Manufacturers.

Canadian sales in these three categories trailed last year’s month-over-month numbers, until August when the number of units sold climbed above the number of machines sold last August.

“The Canadian numbers are a positive sign across the board, year over year. For the month of August, we saw some nice growth in all categories, especially some strength in the percentage of growth of self-propelled combines and articulated four-wheel drive tractors,” said Curt Blades from AEM.

“It’s largely attributed to, I think, some optimism and perhaps some strength in the overall farm economy.”

In Canada, overall sales in tractors were up 7.2 percent in August, gaining in all segments, including four-wheel drive tractors with 64 tractors sold, up 326.7 percent compared to August 2021.

Click here to see more...

Trending Video

When is Sustainable Packaging Coming in the Canadian Agri Food Industry? 3 Critical Perspectives

Video: When is Sustainable Packaging Coming in the Canadian Agri Food Industry? 3 Critical Perspectives

Canada’s regulatory landscape on single-use plastics is complex but a recent ruling by the Federal Court of Appeal sided with the government’s intent to eliminate single-use plastics. What does this mean for the Canadian agri-food industry? How can companies find the right balance between regulatory compliance and implementing costly alternative solutions? What are retailers and consumers saying about sustainable packaging? This webinar features Joshua Goodman, Head of Corporate Sustainability, Sobeys; Marie-Anne Champoux-Guimond, Director of Sustainability, Keurig Dr Pepper Canada and Glenford Jameson, Canadian Food Lawyer, G.S. Jameson and Company

This 60-minute webinar brings together three industry leaders to examine the opportunities, challenges, and realities of the path forward. In this session, you will gain insights into:

•Canada’s regulatory roadmap and timeline on eliminating single-use plastics

•Current end-of-life solutions for plastics and alternative packaging solutions

•The need to have a corporate strategy that aligns with reality at the retail shelves

•How major brands and retailers are pivoting

•Supply chain considerations

•Common misconceptions