Machinery sales for 2020 have started off on a much weaker tone than 2019, according to the Association of Equipment Manufacturers. The current agricultural profitability outlook is bleak due to market access concerns, a bearish tone to commodities in the face of trade disruption, and rising protectionism elsewhere in the world. Without extra disposable income… Read More

The numbers are out, and according to the Association of Equipment Manufacturers’ May ag tractor and combine report, equipment sales could be much better. Canada “We’re kind of disappointed with the latest Canadian ag tractor and combine reports,” says the Association of Equipment Manufacturers’ Curt Blades. “We’ve started seeing softness across all the categories that… Read More

With commodity prices staying low and farmers facing higher interest rates for the foreseeable future, there is reason to be cautious about equipment sales moving forward, especially after 2017’s mixed bag of results between Canada and the U.S. Some manufacturers, though, do see light at the end of the tunnel. At play in the optimism,… Read More