Ag manufacturers say they’re trying to find ways to offer the best solutions to farmers amid hard times

Farmers and ranchers have had to make some tough decisions over the last few years.

Ag equipment manufacturers have also felt the pinch, with more farms cutting back on capital purchases, like tractors. CNH says it is trying to meet farmers where they are.

“It’s in the challenging times that we need our machines to be part of the solution, right? If we can be more productive, if we can get more yield, if we can get more out of the crop, if we can make farming easier and make it more productive, we can help that financial equation even in times when the economics aren’t great,” said Scott Harris.

Tractor and combine sales have been slipping for several months now, as overall sales have fallen nearly 14 percent during March. The Association of Equipment Manufacturers shows tractor models with 100 or more horsepower were down 19 percent on the year.

Related Stories
Crude availability may remain adequate, but tight distillate inventories leave less cushion if agricultural and freight demand strengthen through harvest.
U.S. tractor and combine sales fell from a year ago in July.
Farm Progress’ Women in the Field program aims to create a space where women in agriculture can build relationships with one another and find support.
New federal changes give farmers and independent mechanics greater access to John Deere repair tools.
Kubota Tractor Corporation President Alex Woods credits customer trust and a strong dealer network for the milestone.
Weak tractor and combine sales show producers remain cautious about committing capital to major equipment purchases.

LATEST STORIES BY THIS AUTHOR:

Agricultural export prices rose in July even as broader U.S. export prices declined.
Weak grain prices could limit China’s demand for U.S. corn despite potential trade opportunities.
Smaller and regional beef processors could gain new opportunities as larger packing capacity declines.
President Donald Trump announced late Tuesday that new U.S. tariffs on Canadian goods are on hold for three days, saying the two countries are close to finalizing a deal.
Lower vessel draft limits could raise shipping costs for agricultural exports moving through the canal.
The return of Moroccan phosphate adds another fertilizer supply source ahead of fall application.
Agriculture Shows
Agriculture is the most important industry in the world, and Ag PhD Daily brings you the information you need to best manage your business only on RFD-TV and RFD+
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.