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Tractor Market Growth Faces Challenges Amidst Regional Disparities

The latest market data report from Constellation Data Solutions shows tractor dealers saw revenue down 23% year-over-year in December. This data is based on “same store” results of dealers who have submitted data each month for 3 years in a row. The report is based on 246 dealers, who during the month sold 105,000 new whole goods units and did $2 billion in total sales.

U.S. tractor dealers reported December revenue increased by 11% from November. Canadian dealers, reported a 15% increase in December revenue compared to November.

In the U.S., the South and Midwest experienced moderate growth in the early months but ended the year with double-digit declines in November and December. Conversely, the Northeast showed mixed results, with December revenue down 14% compared to the prior year.

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Grazing Network Group: What it is and how it benefits our operation

Video: Grazing Network Group: What it is and how it benefits our operation

In the spring of 2023 OMAFA, along with the University of Guelph, gathered a group of 18 producers from the beef, sheep, and dairy sectors to support a three to four year research project related to measuring grass growth in Ontario. The producers use a Rising Plate Meter to capture grass growth and record livestock movements. This presentation will explain how the group interact/support one another, some initial findings, as well as the benefits for the research team and our farm.

The purpose of the Profitable Pastures conference is to bring fresh ideas and new research results to Ontario grazing managers across the ruminant livestock sectors. These conferences have a major focus on pasture management