Combine

Farm machinery sales soared in 2021 but higher expenses may dampen growers’ appetites for new tractors and combines in 2022.

 AGCO

Higher crop prices have lifted farmers’ spirits in 2021, spurring a powerful appetite for new farm machinery after years of lackluster demand, experts say.

Unit sales of new tractors over 100 horsepower rose 23% during the first half of the year, while unit sales of four-wheel drive tractors surged 32%, according to the Association of Equipment Manufacturers. Unit sales of self-propelled combines increased 11% in that time.

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