Ag equipment sales have dropped over the past year, and analysts expect that trend to continue. However, one economist is more concerned about another area that remains vulnerable as tariffs persist.
“If you move upstream to the agricultural input industries, the John Deeres, the Cases, and so on, that’s a huge concern. We will probably create exemptions or cutouts for most of the higher-value, higher-cost elements in agriculture, but I think it is really straightforward. It’s corn and soybeans. It’s apples. It’s almonds. It’s pistachios. It is some version of processed and canned and easily shipped things,” said Bruce Sherrick with the University of Illinois.
Ag inputs, like feed ingredients and fertilizers, are exempt from higher tariffs for now, but ag equipment makers are feeling the effects. AgCo and CNH both reported double-digit sales drops last quarter. Leaders at AgCO say they are staying nimble amid the uncertainty.
Weak crop margins and tariff uncertainty are delaying machinery purchases and signaling slower capital investment across U.S. agriculture.
March 05, 2026 02:04 PM
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Jeramy Stephens with National Land Realty explains how the Supreme Court’s tariff ruling and ongoing ‘America First’ trade policy raise new questions about U.S. farmland values and agricultural market stability.
March 04, 2026 12:04 PM
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Purdue University’s Dr. Michael Langemeier discusses the survey’s findings in February and broader signals in the months ahead.
March 03, 2026 02:38 PM
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Heightened Chinese inspections increase trade volatility for U.S. livestock exporters.
March 02, 2026 06:00 AM
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U.S.-Mexico agricultural trade faces uncertainty in 2026 as tariffs and cartel violence threaten farmers and ranchers. Congressman Henry Cuellar and Texas leaders weigh in on impacts and risks.
February 27, 2026 09:00 AM
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Policy awareness is becoming part of everyday risk management.
February 25, 2026 04:50 PM
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