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.
The ag machinery leader is betting that, by throwing the weight of their established brand behind this cutting-edge technology, more producers will be motivated to adopt it sooner rather than later.
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The EPA proposal laid out two options: fully reallocate all exempted volumes to the 2026–2027 standards, or reallocate half.
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Year-round sales of E-15 are another major topic on Capitol Hill, which, according to Rep. Adrian Smith (R-NE), is one issue up for debate this session with significant bipartisan support.
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U.S. producers are holding off on equipment investments amid financial pressure, market uncertainty, a rising demand for diesel, and growing desperation for trade wins.
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