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Soft Commodity Prices Might Mean Slower Equipment Sales

There have been some challenges for farm equipment sales over the last couple of years, according to the CEO of the Western Equipment Dealers Association.
 
John Schmeiser says there was an incredible run of equipment sales from 2007 to 2014, and a lot of customers have re-invested in their machinery.
 
"At this point in time, because we've seen some softening in the commodity prices, they don't have to make that reinvestment," he says, "but having said that, in areas where there are lentils being grown — where the commodity price is still fairly strong — we are seeing a lot of sales activity. And what's really promising for us is we're still seeing a lot of quoting on deals."
 
On the manufacturing side, Schmeiser says they are seeing more new products rolling out to meet consumer demands for more production and better technology.
 
Source : Portageonline

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.