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 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.
Geared to Give: Kubota Boosts Support for Veterans in Agriculture During Military Appreciation Month
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.
