In both 2013 and 2023, per- acre machinery value declines as farm acreage increases.  However, the rate of decline is less steep in 2023 than in 2013, indicating a more efficient allocation of machinery investment on larger farms.

As farmers begin heading to the fields for planting, Sandhills Global and TractorHouse report U.S. inventories of used planters continued on a downward trend in April.

Global trade disruptions have caused significant challenges for Canadian agriculture, says Leigh Anderson, senior economist with Farm Credit Canada. 

As of May 7, corn prices were $4.49 down 23 cents from our last episode two weeks ago. Soybeans closed at $10.39, down 1 cent. And Wheat closed at $5.34, up 6 cents.

While YouTubers would have you believe CNH was packing up and leaving the U.S., the OEM’s quarterly presentation suggests its U.S.-based manufacturing is alive and well, although softer due to current market conditions.