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
The EPA proposal laid out two options: fully reallocate all exempted volumes to the 2026–2027 standards, or reallocate half.
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.
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.
The agriculture workforce’s struggles with labor issues in recent years have opened the door to more automation and integration of artificial intelligence (AI).
Farmers are struggling with low commodity prices and skyrocketing input costs, resulting in debt that is outpacing income across the sector, according to the USDA’s new farm income forecast.
