Canadian farm equipment sales projected to slump in 2025
Farm equipment sales are projected to decline next year according to a Farm Credit Canada report released today. “Farmers are looking for cost saving measures including delaying purchases and planning to further reduce equipment costs,” said FCC senior economist Leigh Anderson in a news release accompanying the report. “As demand slows and prices adjust, there may be opportunities for producers who are looking to invest in new farm equipment.” The year began with a surge in demand for machinery, particularly combines and four-wheel-drive (4WD) tractors, Anderson wrote. Slowing sales in the U.S. allowed manufacturers to send pre-orders to Canada earlier. However, sales are forecast to decline for the remainder of the year and into the next. New equipment sales are expected to be soft as farmers face low commodity prices, high equipment prices and lower profits, though the decline in 2025 is expected to be less severe than in 2024. Sales of 4WD tractors are projected to stay above th
machineryasia 
Farm equipment sales are projected to decline next year according to a Farm Credit Canada report released today. “Farmers are looking for cost saving measures including delaying purchases and planning to further reduce equipment costs,” said FCC senior economist Leigh Anderson in a news release accompanying the report. “As demand slows and prices adjust, there may be opportunities for producers who are looking to invest in new farm equipment.” The year began with a surge in demand for machinery, particularly combines and four-wheel-drive (4WD) tractors, Anderson wrote. Slowing sales in the U.S. allowed manufacturers to send pre-orders to Canada earlier. However, sales are forecast to decline for the remainder of the year and into the next. New equipment sales are expected to be soft as farmers face low commodity prices, high equipment prices and lower profits, though the decline in 2025 is expected to be less severe than in 2024. Sales of 4WD tractors are projected to stay above th
