Ag manufacturers are working to minimize the tariff impact

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.

Related Stories
The annual event brings together vintage equipment, live demos and thousands of visitors.
Nebraska cattle rancher Joe Van Newkirk joins us to discuss wildfire recovery in Nebraska’s Sandhills athe challenges ranchers face restoring basic infrastructure after the fire.
Chad Fiechter joins us to discuss Purdue’s precision ag study, challenges in capturing value from technology, and what farmers should consider when investing in and adopting these tools.
Bridge payments are helping, but many producers still face losses and tight margins. AEM’s Curt Blades joins us to discuss how the current farm economy is pressuring equipment demand.
Kubota Tractor Company President and Army National Guard Veteran Alex Woods discusses the company’s Military Appreciation Month initiatives and long-term support programs for veterans in agriculture.
After a challenging year, Georgia pecan growers are looking ahead with cautious optimism as costs and global tensions weigh on the future of the crop.

LATEST STORIES BY THIS AUTHOR:

Success requires more than talent — on this week’s FFA Today, agriculture students show us the hard work, dedication, and teamwork required to gain important skills outside of the classroom through the National FFA Organization.
Federal assistance has helped, but the most recent row-crop losses remain on producers’ balance sheets.
OOIDA’s Lewie Pugh discusses the EPA’s new Right to Repair guidance and other regulatory developments impacting the trucking and agriculture industries.
Tyler Schuster is an ag industry advocate who mentors and supports the next generation, especially women finding their place in the cattle industry.
NCBA Chief Counsel Mary-Thomas Hart breaks down CAFO permits, EPA enforcement, and what cattle producers need to know as rules continue to evolve.
Rebuilding domestic textiles depends on automation and vertical integration, not tariffs or legacy manufacturing models.
Agriculture Shows
Hosted by Scott “The Cow Guy” Shellady and RFD News Markets Specialist Tony St. James, Commodity Talk delivers expert insight into the day’s ag commodity markets just before the CME opens. Only on RFD-TV and Rural Radio SiriusXM Channel 147.
A look at the news, weather and commodities headlines that drove agriculture markets in the past week.
Everything profits from prairie. Soil, air, water — and all kinds of life! Learn how you can improve your land with prairie restoration, cover crops and prairie strips, while growing your bottom line.
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.