Tighter profitability has farms placing a greater emphasis on their per acre equipment costs, reducing demand for equipment
OTTAWA – Farm equipment purchases dropped by 5.1 per cent during the first quarter of 2024 and will likely be down by 2.2 per cent for the year, says Farm Credit Canada. Earlier this year it projected an 8.4 per cent increase in equipment purchases. Read More
Sales of farm equipment dipped in first quarter