Seven categories of farm machinery with the highest retained value have been announced by EquipmentWatch, a provider of costs, prices and other data for used ag and construction and other heavy equipment products.

February 2020 saw mixed results in overall U.S. sales of tractors and self-propelled combines. The bright spot was 4WD and 100+ horsepower tractors which showed healthy gains year over year, however, overall tractor and combine sales fell for February.

Farmer’s perception of an improving ag economy going forward could be laying the groundwork for increased capital investments in the year ahead, according to the results of the Purdue University-CME monthly farmer survey.

Titan International Inc. (TWI), a global manufacturer of agricultural and other off-highway wheels, tires, assemblies, and undercarriage products, reported results for the fourth quarter and year ended Dec. 31, 2019.

Alamo Group Inc. (ALG) reported results for the fourth quarter and year ended December 31, 2019 on Feb. 27. The company said it achieved record sales for the full year and during the fourth quarter of 2019.

New data from the Assn. of Equipment Manufacturers (AEM) and Oxford Economics shows a positive trend in agricultural tractor and self-propelled combine sales for the next several years despite a brief tick down for 2020.

At the direction of President Donald J. Trump, U.S. Secretary of Agriculture Sonny Perdue has announced the third and final tranche of 2019 Market Facilitation Program (MFP) payments aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations. The payments will begin to show up in farmers’ bank accounts by the end of this week.

The U.S. Senate passed the U.S.-Mexico-Canada Agreement by a bipartisan vote of 89-10. With passage through both congressional chambers, USMCA will now move to the president’s desk for signature.

December 2019 saw a return to positive overall results in U.S. sales of tractors and self-propelled combines, marking an upward end to a year that saw overall growth in the tractor and combine space.