2025 Farm Equipment Decisions

How the economy is shaping ag equipment purchases Published on 1/16/2025 The analysis is provided by Matt Erickson, an economist for Farm Credit Services of America (FCSAmerica). While nobody can predict what 2025 holds for agriculture, today’s economic trends and past cycles provide valuable insights for thinking about farm equipment purchases. AgDirect, one of the leading equipment financing programs in the nation, looks at some of the key factors shaping on-farm income and decisions. Equipment has gotten more expensive. Price matters when purchasing new farm equipment. Since 1990, the average price of a new tractor has outpaced the rate of… Read More »