U.S. tariffs on steel and aluminum have affected the cost of agriculture equipment.

Commodity prices, trade cloud equipment sales projections

The decline in the Canadian dollar makes imported equipment more expensive for farmers

At Farm Credit Canada, we project total tractor sales to increase 1.4 per cent in 2018 and decline 1.6 per cent in 2019. The outlook for combine and 4WD tractor sales is more pessimistic as sales are projected to normalize to levels below the 2013-17 average sales. Our projections embed a high level of uncertainty. […] Read more