Will Combine Sales Continue to Decline in Canada?

 

Combine harvesters — essential for large-scale grain operations — are seeing reduced demand in Canada. Sales dropped sharply in 2024 and projections for 2025 don’t show recovery. This trend is being driven by economic pressure, high interest rates, and shrinking margins for crop producers.

Dealers report increasing interest in late-model used combines, which offer better value without the sticker shock of new equipment. Leasing has also become more common, particularly in grain-rich regions like the Prairies.

Another factor contributing to the decline is the longer lifespan of modern combines. Advanced engineering means machines can now last over a decade with proper maintenance, reducing the need for frequent replacement.

Still, some analysts believe this slowdown is temporary. As commodity prices recover and weather conditions stabilize, demand may return — particularly if incentives or new tech upgrades are introduced.