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Balanced Reporting. Trusted Insights.
Thursday, April 10, 2025
Dry weather has helped speed Midwestern and Southern farmers through most of this fall’s corn and soybean harvest while also limiting the amount of grain they could send down the Mississippi River. As many park their combines for the year, they are hoping rain storms can replenish soils parched and waterways shrunk by months of drought.
Sales of agricultural tractors and combines in March dipped from the same month last year, as farmers and equipment companies grapple with the impacts of an inconsistent supply chain.
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.
The outlook for sales of some of the largest pieces of farm equipment might be bleak, but tractor and combine sales are stronger overall than figures observed at this time a year ago.