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Farm Equipment Sales Slump

Farm machinery sales for the past three months were down by 20 per cent.

The flat September quarter result comes ahead of hay baling and grain harvest, with the season drying off and reducing the likelihood of a bumper crop.

Alan Kirsten, managing director of marketing company Agriview, says agricultural machinery sales are worth $3.5 billion a year in Australia, but farmers and contractors are holding back new purchases.

"The baler and hay tools, mowers and rakes. That market is very subdued.

"We've had our fifth year in a row of declining sales.

"With the dry weather in August and September, it slowed down the hay and fodder production."

Rural property seller Ray White says it's seeing more farms going into receivership, and up for sale.

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Trending Video

Spring weed control in winter wheat with Broadway® Star (pyroxsulam + florasulam)

Video: Spring weed control in winter wheat with Broadway® Star (pyroxsulam + florasulam)

#CortevaTalks brings you a short update with Cereal Herbicides Category Manager, Alister McRobbie, on how to get the most out of Broadway® Star.

Significant populations of grassweeds, including ryegrass and brome, can threaten winter wheat yields. Spring applications of a contact graminicide, such as Broadway Star from Corteva Agriscience, can clear problem weeds, allowing crops to grow away in the spring.

Broadway Star (pyroxsulam + florasulam) controls ryegrass, sterile brome, wild oats and a range of broad-leaved weeds such as cleavers. It can be applied to winter wheat up until GS32, but the earlier the application is made, the smaller the weed, and the greater the benefit to the crop. Weeds should be actively growing. A good rule of thumb is that if your grass needs cutting, conditions are right to apply Broadway Star.