According to FCC's 2024 outlook for the Canadian farm equipment market, new sales are projected to be softer in 2024 based on three factors: higher interest rates, elevated equipment prices and a decline in commodity prices.
Machinery
Equipment sales expected to soften in 2024
Interest rates, equipment prices and commodity prices will all play a role, says FCC
Agritechnica update: Canadian content and a John Deere update
There’s significant Canadian content at Agritechnica. Large companies like AGI and MacDon have impressive displays with significant real estate. I also happened upon the Canada pavilion, packed with companies familiar to many of us, including Honey Bee, Mankato, Schulte and Bushel Plus. The companies say that there’s value in companies from Canada banding together to […] Read more
Prairie Forecast: Warmer, colder… then snow?
Issued Oct. 18, covering Oct. 18-25
Not surprisingly for this time of the year, the last forecast didn’t play out exactly as expected, but overall, it was pretty darn close. The large area of high pressure that was forecasted to develop over the northern Prairies and slowly drop southward did just as forecast, but over the first few days the high […] Read more
Concord seeding equipment brand to be discontinued
Products and designs to continue, but under Vaderstad banner
A brand of air seeding equipment dating back almost five decades in North Dakota and beyond is poised to disappear in the 2024 model year. Concord — a brand owned since 2021 by an arm of Swedish seeding, planting and tillage equipment firm Väderstad — will no longer be sold under the Concord name, the […] Read more
U.S. grains: wheat pares gains after 5-month top; corn, soybeans retreat
The market pulled back from five-month highs as Russia appeared to slow its port attacks
Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures Wv1 pared gains after setting five-month highs on Tuesday after Russia’s attacks on Ukrainian ports and grain infrastructure raised concerns about long-term global supplies and triggered a round of fund short-covering, analysts said. The wheat market pared gains and even dipped lower at times […] Read more
At Ag in Motion: Seeding equipment gets its closeup
Multiple manufacturers seize opportunity to compare offerings
Ag in Motion’s 2023 edition continued to make equipment demonstrations a central part of its presentation to farmers. Not only can farmers kick the tires on a machine of interest — they can actually see how it performs compared to competitors. That definitely helps inspire confidence when making a buying decision. This year the show […] Read more
How you buy machinery is about to change
Subscription service and pay-as-you-go features a growing trend
The days of walking into a dealership, putting down your cash and getting a machine with all of the options you want in one transaction are coming to a close. Brands are now starting to look more intensely at the subscription model for advanced digital features as opposed to the old-fashioned, all included, one-time purchase. […] Read more
Evolution of tires on agricultural vehicles
Since it was first introduced as an option on agricultural tractors around the 1930s, the pneumatic tire has continued to evolve. Tire manufacturers have since had to keep up with the evolution of farm machines, which have become significantly larger and heavier. They’ve had to come up with new tire designs capable of handling the […] Read more
New ag tire designs introduced
BKT and Titan debut new specialty ag tires
One of the components on ag equipment that has significantly evolved in recent years is tires. Bias ply tires once dominated the ag equipment sector just as they did the automotive one. But for the most part, radials have since bumped those off the radar, and the VF (very high flexion) version of ag radial […] Read more
Updated seeding technology from Case IH
Precision Air 5 series air carts, Flex Hoe 900 drills and planters see new features
Case IH had new seeding equipment updates to announce in February. In this latest round of improvements, both its air drill and planter lines of equipment get new features. First, there are a few new features and configurations for its Precision Air 5 series air carts and Flex Hoe 900 air drills. Included among those […] Read more