By Ed White April 3, 20266:03 PM GMT+8
https://www.reuters.com/world/us/north-american-farmers-pinch-pennies-farm-machinery-profitless-growing-season-2026-04-03/
A drone view shows acres of corn fields filling the landscape near Springdale, Iowa, U.S., August 20, 2025. REUTERS/Evelyn Hockstein/File Photo Purchase Licensing Rights
- Farmers cut spending on big-ticket machinery due to high costs and low crop prices
- Tariffs on steel, aluminum and finished goods raise machinery prices, industry groups say
- Industry urges tariff cuts for relief; farmers delay purchases, keep older equipment
REGINA, Saskatchewan, April 3 (Reuters) – Farm machinery salespeople are wrapping up a dismal season of farm shows across North America as farmers gear up for spring planting without much new equipment.
Farmers have not stopped buying, but many have slashed spending and are avoiding big-ticket items due to high machinery, fertilizer and fuel prices, as well as a global grains glut pushing down crop prices.
“They might not buy the million-dollar combine, but they’ll buy a $100,000 implement,” said Chad Jones of manufacturer Degelman Industries, standing among his company’s rockpickers, harrows, rippers and other yellow-painted equipment at Canada’s Farm Show in March.