INDUSTRY NEWS

All segments return to the black for August in the U.S., while Canada ekes out small gains according to the latest data from the Association of Equipment Manufacturers (AEM).

“There are definitely two different markets for ag tractors and combines,” explains Curt Blades, senior vice president (VP) of ag services for the Association of Equipment Manufacturers (AEM). “You have farmers that are using small tractors. You also have a lot of folks that might have an acreage, or a small or large homestead where they need a tractor to perform some chores there.”

Gains in larger and four-wheel-drive tractors offset smaller declines in the sub-40-hp range in the U.S., while Canadian farm tractor unit sales were positive across the board in July, according to the latest data from the Association of Equipment Manufacturers (AEM).

The USDA is investing $15 million for a new drought pilot to assist agricultural producers impacted by worsening drought conditions to provide relief to impacted California and Oregon producers in the Klamath River Basin.

Agricultural producers with crop insurance can hay, graze or chop cover crops for silage, haylage or baleage at any time and still receive 100% of the prevented planting payment.

The USDA’s 2021 Acreage report makes further cuts in anticipated dry hay acreage for 2021.