Commodity prices, high inventories and interest rates already pressuring sales as U.S. now threatens more disruption
The uncertainty surrounding the threat of substantial tariffs on key U.S. trading partners has North American businesses on edge. That is especially true for agricultural equipment manufacturers and the dealers that retail their products. “It’s been a long time since tariffs made up a piece of the puzzle between the U.S. and Canada,” says Eric […] Read moreTag Archives ag equipment
Horses to horsepower
Inflated claims by early tractor manufacturers prompted the development of a standardized power measurement
I want to ask you a question. How much has the type of agricultural equipment available to you, determined how you farm? How much did the type of machinery available to your father or grandfather influence the way they farmed? Obviously, the kind of equipment available to farmers has changed a lot over the decades, […] Read more
Profits up at agriculture equipment makers
Higher sales and profit margins boost the balance sheets of the makers of the major agricultural implement brands
As the height of the pandemic fades, COVID-induced problems for the big farm equipment brands are starting to ease. Their sales numbers have seen a post-pandemic jump. One small negative for manufacturers is the sales of utility and compact utility tractors. They have declined sharply from an artificial high, which was attributed to acreage owners […] Read more
