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.
Tag Archives equipment price
Deere expects steady farm equipment production
Equipment will remain available to farmers but will likely increase in price, a John Deere VP warns
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.
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.
FCC’s charts to consider in 2025
On a per-acre basis, equipment costs have risen faster than farm revenue
Editor’s Note: Following are excerpts from a Jan. 15 blog post by the Economics branch of Farm Credit Canada. “As we start the new year amid new challenges, including slowing population growth and potential trade barriers, here are our top charts to help make sense of the economic environment for the agriculture and agri-food sector, […] Read more
Combine market holding, for now
According to a recent news release from Alberta Agriculture and Irrigation, higher combine prices do not yet appear to have affected their sales in Canada.
Prices for used farm equipment down 20 per cent overall
The used farm equipment market has tightened up considerably so far in 2024 compared to the high it was riding on in the past few years. Some equipment types are being affected more than others. “On those specialized once-a-season assets, people are very selective with what they buy and from where,” says Jordan Clarke, senior […] Read more
Geared-down expectations
What are other machinery manufacturers telling their shareholders to expect as they plow ahead into 2024? CNH (Case IH, New Holland) For its first quarter (Q1) ending March 31, CNH said sales volumes in North America were down two per cent for higher-horsepower (over 140 hp) tractors, and down 15 per cent for lower-horsepower tractors, […] Read more
Used prices slip for some machines
RB shows declines in truck tractor, skid steer prices
For anyone in the market for a used skid steer or truck tractor, now might be a good time to head to an auction sale. As the spring auction season ramps up, Ritchie Bros. Auctioneers (RB) just released its “Market Trends Report for Used Equipment and Trucks” for the first quarter of 2024 — and […] Read more
Old equipment, new life: Cost-effective tech upgrades
An ag tech expert talks about how existing farm machinery can be upgraded to perform at the same level as new equipment
What’s old can be like new again, says the president of a Saskatchewan company that specializes in helping producers outfit older farm machinery with the latest in precision farming technology. Matthew Yanick, who founded Rocanville, Sask.-based MY Precision Ag, spoke at the recent Manitoba Ag Days farm show in Brandon about the benefits of equipping […] Read more
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