Ag equipment sales have struggled over the last year, and the situation does not appear to be improving.
Tractor and combine sales fell nearly 14 percent last month. The Association of Equipment Manufacturers shows that tractor models with 100 or more horsepower were down 19 percent on the year, four-wheel drive sales dropped 20 percent, and combine sales are down nearly 40 percent.
Numbers were down across the board in February, too. AEM says the driving factors are low crop prices and a lot of unknowns.
Related Stories
Kip Eideberg with the Association of Equipment Manufacturers details its campaign spotlighting the people who build equipment vital to farming and food manufacturing.
Experts say farmers and ethanol producers would benefit from a risk-based ILUC system that protects forests without relying on speculative modeling.
Ethanol markets remain mixed — weaker production and blend rates are being partially balanced by stronger exports as winter demand patterns take shape.
AFBF economist Faith Parum breaks down the potential impact of the proposed policy change to allow year-round sales of E15 biofuel.
RealAg Radio host Shaun Haney shares insights from a recent study, discusses EV market access in Canada, and highlights other market opportunities top of mind for Canadian producers.
