Retail sales of tractors under 40 horsepower and between 40-100 horsepower rebounded in August. However, sales of larger tractors and combines continued their double-digit declines in the newest data available from the Association of Equipment Manufacturers (AEM). U.S. retail sales for two-wheel drive tractors under 40 horsepower gained 21 percent in August, and are 11 percent higher on the Sponsored …
Farm Equipment Leasing Doubles
(NAFB) — A new report shows the leasing of farm equipment has nearly doubled since 2012. The Wall Street Journal reports Deere & Co. is spending billions of dollars each year on its own equipment for leasing programs. Records show that more than one-third of financed purchases of high horsepower machinery made by John Deere is being leased to farmers …
Mahindra Showing New Models at AG CONNECT Expo
The company who was number 1 in tractor sales in the world is set up at AG CONNECT Expo 2011 in Atlanta. Mahindra brought 4 different models with them to this years show as Mac Payne, their Director of New Business & Dealer Development, told me they have 2 new models here for those to see. Download Audio Sponsored ContentCIR …
Rural Mainstreet Index Plunges to New Low Amid Economic Uncertainty
The Rural Mainstreet Index (RMI) continued its downward trend in February, marking the 17th decline in the past 18 months. The index, which measures the economic health of rural communities across a ten-state region dependent on agriculture and energy, fell to 38.0, down from 42.3 in January. A reading below 50 indicates economic contraction. Economic uncertainty remains a key concern, …
China Retaliates with Tariffs on U.S. Farm Machinery Amid Trade Dispute
Farm machinery manufacturers in the United States could soon feel the impact of retaliatory tariffs from China, following the latest round of trade actions between the two countries. After President Donald Trump imposed an additional 10% tariff on Chinese imports last Tuesday, China responded with its own 10% tariffs on U.S. goods, including agricultural equipment. The tariffs target more than …
Results from the Latest Poll on Farm Costs in 2025
A recent poll asked farmers where they plan to cut costs. Equipment purchases topped the list, but farmers also plan to scale back on fertilizer rates, use more generic products and reduce tillage or field passes. The theme that consumed the crops side of agriculture in 2024 was this: tighter margins with producers from coast to coast searching for ways …
Farm Bureau Pleads for Farmer Aid as Funding Bill Falters Following Musk Tweet
American Farm Bureau Federation (AFBF) President Zippy Duvall sent a letter to Congress late yesterday, urging lawmakers to consider the needs of farmers and ranchers as they debate changes to a key federal funding measure. The measure, known as a Continuing Resolution (CR), would help keep the government running while leaders work on a final budget. The AFBF is calling …
Registration Ongoing for Georgia Peanut Tour
By Clint Thompson The Georgia Peanut Commission (GPC) reminds growers and industry leaders that registration is ongoing for the upcoming Georgia Peanut Tour, scheduled for Sept. 12-14 in Bainbridge, Georgia, and the surrounding area. Chris Butts, chairman of this year’s tour, highlighted what attendees can expect when attending this year’s event. “This is the tour to highlight to our buyers …
Optimism in the Ag Equipment Market
While equipment manufacturers are still recovering from the pressures of the COVID-19 pandemic, they continue working toward a state of normalcy. Association of Equipment Manufacturers (AEM) Senior Vice President, Government and Industry Relations Kip Eideberg, says supply chain pressures and a lack of workforce retention have been ongoing struggles for the industry, and individual sectors are facing their own problems …
Biggest U.S. Farms Obtaining More Land
The big are getting bigger. That’s coming up on This Land of Ours. USDA’s annual Farms and Land in Farms Report shows the country’s largest farms with sales of $1 million or more operate nearly 26 percent of U.S. farmlands. The agency also says there were 2.003 million farms in the nation during 2022, a drop of 0.5 percentage points …