Farm economy news

First US rate rise in three years will make farm operating loans dearer, lenders warn

The Federal Reserve's quarter-point rise in September, its first in three years, will push up variable-rate farm credit lines as farmers already face high costs and thin margins; Idaho economists advise fixing some rates and buying part of next year's fertiliser now.

Capital Press13 October 20262 min read

Agribusiness

US tractor sales fall 16 percent in September as farmers hold back on big purchases

The Association of Equipment Manufacturers reports US farm tractor sales down 16.4 percent and combine sales down 10.9 percent in September from a year earlier, with every tractor size class lower and Canada's combine sales down 37.6 percent.

All Ag News13 October 20261 min read