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

Ritchie Bros. Auctioneers reports truck tractors and skid steers showed significant price declines during the first quarter of this year.

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








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U.S. farmers face harsh economics with record corn supplies in silos

Growers miscalculated when they held on to corn rather than booking sales, experts say

Farmers across the United States are kicking themselves for putting off corn sales after fields dried up in May and June, fueling expectations for higher prices and smaller harvests. Instead, prices tanked as rains saved the crop. The size and speed of the price collapse stung farmers and left their storage bins stuffed with record amounts of corn.