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FCC: Weak grain and oilseed outlook to pressure harvest equipment sales

April 30, 2024  By Farm Credit Canada


The farm equipment market is set to take a breather this year, coming off a strong 2023, according to Farm Credit Canada’s latest outlook. However, there will be pockets of strength, specifically 4WD tractors and corn headers. Demand for most harvest equipment will soften throughout the remainder of this year, due to elevated equipment prices, high interest rates, and tighter grain and oilseed profitability. | READ MORE

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