The slump in new farm machinery sales accelerated in 2025 as growers continued to endure economic pressure and high production expenses, experts say. In 2025, unit sales decreased about 22% for new ...

Greg "Machinery Pete" Peterson said auction sales of late model used large farm equipment have soared while prices have plummeted. He talked about the state of the industry at the Big Iron Farm Show.

Despite lower prices for many commodities, U.S. agricultural profits were strong enough to drive up sales of large farm machinery last year, experts say. In 2023, manufacturers sold 5% more new ...

After months of workforce reductions and sliding equipment sales, John Deere is reversing course, announcing it will bring 140 employees back to its Waterloo, Iowa, operations as demand ticks higher ...