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Verified
Commodities Editor, Illinois Farm Bureau Partners
Salem
Beats
Rankings, press releases
Content
By Rhiannon Branch Verified| FarmWeekNow (RFD Radio Network) Verified The ag equipment market continues to struggle in the current economy with sales in the first quarter of 2025 falling below the five-year average. A recent report by the Association of Equipment Manufacturers (AEM) showed U.S. sales of agricultural tractors dipped 13.6% in March, while sales of combines fell 37.7% during the same time compared to 2024. Year-to-date tractor sales in March were down 15.1% with combine sales down 57.5%.
By Rhiannon Branch Verified| FarmWeekNow (RFD Radio Network) Verified Corn and soybean planting are officially underway in Illinois. USDA reported 1% of corn and 2% of soybeans were planted statewide as of April 14, slightly behind last year’s pace. “The first planting started the last week of March, but most farmers have been slow to follow,” Tom Ritter of Macon County said, noting cooler and wetter weather conditions in some areas.
By Rhiannon Branch Verified| FarmWeekNow (RFD Radio Network) Verified The ag equipment market continues to struggle in the current economy with sales in the first quarter of 2025 falling below the five-year average. A recent report by the Association of Equipment Manufacturers (AEM) showed U.S. sales of agricultural tractors dipped 13.6% in March, while sales of combines fell 37.7% during the same time compared to 2024. Year-to-date tractor sales in March were down 15.1% with combine sales down 57.5%.
Company Info
Illinois Farm Bureau Partners
Bloomington, Illinois, United States
+1 309-557-2111