Data & Trends

Equipment Sales Slump Continues

North American large ag equipment sales declines continued in July. 4WD tractors lead the dropoff with sales down 30.1% year-over-year, followed by row-crop tractors at down 22.9% and combines sales declined 22% vs. the same period last year, according to the latest unit sales figures released by the Assn. of Equipment Manufacturers on Aug. 11.
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Farmers’ Balance Sheets Strongest in a Generation

While they may have cut back on their capital expenditures, most U.S. farmers remain in good overall financial shape through the first half of the year. In fact, farmers entered 2015 in perhaps its strongest financial condition in over 50 years, according to AgriBank of St. Paul, Minn.


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