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Shining Light on Farm & Food Policy for 20 Years.
Monday, March 31, 2025
Tractor and combine sales had a strong month in September, posting year-over-year gains across many of the categories tracked by a monthly report maintained by the Association of Equipment Manufacturers.
U.S. Trade Representative Katherine Tai signaled Monday that the Biden administration is ready to begin pressing Beijing to fulfill its promises under the Phrase One agreement, but she didn’t commit to negotiating a much-desired second phase that would elicit new promises of ag commodity purchases.
USDA will be taking some action to curb the market power of equipment manufacturers and other agribusiness giants. But it’s not clear yet what kind of teeth there will be in what USDA does.
High demand for farm equipment and issues in the supply chain mean that orders for new machinery from a number of companies are taking months to fill and prices for used equipment have gone up.
Senate Agriculture Chairwoman Debbie Stabenow tells Agri-Pulse she expects a new bipartisan version of the Growing Climate Solutions Act to be released within a few days. The funding issues have now been apparently worked out with the bill, which is aimed at laying the groundwork for ag carbon markets.
Tractor sales growth continued for the 11th straight month in March, closing out the quarter with nearly 55% growth in total tractor sales over 2020 figures.
President Joe Biden’s $2.25 trillion infrastructure plan offers many provisions that have long been priorities with farm groups, including a $100 billion plan to connect the entire U.S. to high-speed internet.
Farm equipment sales finished 2020 by exceeding the previous year’s figures across a variety of categories, according to data from the Association of Equipment Manufacturers.