The Association of Equipment Manufacturers has just released its June 2024 Ag Tractor/Combine Sales report, showing opposite trends for some classes in the Canadian and U.S. markets. In Canada, sales of 4-wheel-drive tractors grew 10.6% in June 2024, while U.S. numbers declined slightly. The difference is more marked in combine sales, as U.S. sales of... Read More
Tag: Agriculture Equipment Manufacture Association
With farm profitability being a concern for 2024 comes speculation that the equipment industry will face sales challenges as a result. Every month the Association of Equipment Manufacturers (AEM) provides an analysis of the new equipment sales environment for Canada and the United States. In Canada (see table below), the April numbers show strength in... Read More
Thanks for tuning in to this Tuesday edition of RealAg Radio! On today’s show we hear from: Kevin McNew of Farmers Business Network, to discuss the markets; The Farm Credit Canada land value report; Wade Sobkowich of Western Grain Elevators Association on lambda-cy labelling challenges; and Curt Blades of Agriculture Equipment Manufacture Association on machinery... Read More