Ag manufacturers saw declining profits last year, influenced by low crop prices. Now, tariffs are another concern as the year kicks off.
The Association of Equipment Manufacturers says they are just trying to minimize the impact to farmers.
“At the end of the day, I do know the intent of the tools that are being exercised is to benefit the United States of America and to benefit farmers. So, with an industry that’s so heavily dependent on trade and a supply chain that’s so heavily dependent on global manufacturing, we have to pay close attention to it, making sure that there are no unintended consequences or any great effects,” said AEM’s Curt Blades.
Last year, AEM found all U.S. tractor sales fell around 24 percent. Blades says a soft market and high interest rates were the biggest factors.
With diesel averaging $6.29 per gallon and propane at $1, some farmers are considering propane-powered irrigation engines and generators to offset costs.
October 14, 2026 01:30 PM
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USDA and the FTC are asking producers to share firsthand experiences with equipment sales and repair restrictions.
October 14, 2026 07:00 AM
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U.S. farm debt has topped $605 billion, but vendor financing and other nontraditional lending may mean USDA estimates do not capture the full amount owed.
October 13, 2026 04:33 PM
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RealAg Radio host Shaun Haney discusses the latest AEM equipment sales figures and the financial pressures affecting machinery purchases in the United States and Canada.
October 13, 2026 02:30 PM
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Limb Buster founder Ryan Glenn explains how equipment-mounted saws can help farmers trim trees along fence rows and field edges from inside the cab.
October 13, 2026 01:26 PM
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President Donald Trump says Russia will supply millions of tons of diesel fuel to global markets in a deal he expects to lower prices for farmers, ranchers, and truckers.
October 09, 2026 05:58 PM
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