Agco equipment dealership chain AgWest recently announced it will build two new dealership buildings in western Manitoba to better serve that expanding market area.
Tag Archives equipment market
Equipment dealership chain firms up Manitoba reach
AgWest is expanding its dealership network with new buildings in Brandon and Russell
Tariffs add billions to U.S. equipment costs
Efforts to re-shore manufacturing through tariffs are expected to make U.S. companies less competitive
As tariffs weaken the competitiveness of companies exporting into the U.S., economists see these trade agreements more as a loss for both sides, as costs rise also for farm equipment manufacturers already inside the country.
Deere expects steady farm equipment production
Equipment will remain available to farmers but will likely increase in price, a John Deere VP warns
The current trade dispute won’t interfere with Canadian farmers’ ability to get the John Deere machine they want, but will likely make that machine more expensive, a Deere vice-president warns.
Is farm equipment best bought or leased?
Farm Financial Planner: Or is either option better than the other?
Whether to buy or lease farm equipment is a crucial question, though one with no definitive answer. Let’s analyze the numbers using an example from management and accounting firm BDO.
U.S. tariffs add big costs to John Deere’s manufacturing
Brand estimates tariffs could add up to $500 million in new costs this year
Deere and Co. expects a pre-tax impact for 2025 of just over $500 million on its bottom line, if the levels of U.S. tariffs in place as of mid-May remain over the coming fiscal year.
CNH to offer refreshed farm equipment lineup for 2026
Existing models and the updated line will see price increases due to U.S. tariffs
Those refreshed Case IH and New Holland machines will come with higher price tags, though — and as of May 1, CNH also increased prices on current model year machines not already sold.
Farm machinery market now a riddle without a punchline
Farm Financial Planner: Tariffs will pile up on new equipment crossing borders en route to final assembly
Current market turmoil is rooted in U.S. tariffs and that uncertainty cascades down to combines, harrows, tractors, trucks — you name it — leaving farmers, at the tail end of the process, cautious.
Ag in Motion’s 2025 edition on the horizon
Wondering what new machine introductions we’ll see there this year?
Ag in Motion, sited near Langham, Sask., has grown significantly from a relatively modest beginning to what’s now arguably the premier summer show in Western Canada.
Trump tariffs mean fewer machinery purchases, higher costs for Canadian farmers
Agco plans to spread tariff costs across its full product line, not just the most affected units
Yo-yoing U.S. tariff rates will end up costing farmers more for new machinery and parts — and not just farmers in the U.S. either.
This spring, all quiet on the machinery markets front
Canadian farmers in better position than their U.S. neighbours to acquire new machines
Given the Trump administration’s fluctuating tariff rules, delivery of new farm equipment has been disrupted in a manner that hasn’t existed since the Second World War.
Cyber-Savvy Farmer
