The recession in the Usa agricultural machinery market continues to worsen
According to data released by AEM, the association representing North American equipment manufacturers, tractor registrations in the first ten months of 2025 fell by 9.2% year on year, dropping from 189,104 units in the first ten months of 2024 to 171,680 units between January and October 2025.
The sharpest decline was recorded in the over-100 hp power segment, which saw a contraction of 23.8%, while the 40–100 hp segment posted a decrease of 3.8%. The combine harvester segment is also deep in the red, with a year-on-year drop of 38.4%, falling from 4,970 units in the first ten months of 2024 to 3,063 units in the January–October 2025 period.
According to AEM, a major factor weighing on the market’s downward trend is the decline in farm incomes that began in 2023 and is expected to continue through 2026 based on current projections.
Title: Usa agricultural machinery market in deep red
Translation with ChatGPT
