GFM Network News


If you dream of getting new iron for this year’s harvest, you need to plan ahead — dealers no longer 
have a big surplus of equipment on their lots.

Iron backlog has come and gone

It’s taken a few years, but dealers have finally whittled down high inventories of equipment

Two years ago, you couldn’t drive past an equipment dealership without noticing the rows upon rows of machines — carry-over of anticipated demand that never came. “In 2013 and 2014, everybody was firing on all cylinders,” said Leah Olson, president of the Agricultural Manufacturers of Canada. “With our record harvests, there was a fundamental shift […] Read more

The low dollar has already pushed up the price of American-made farm equipment and steel tariffs could increase them further.

Steel tariffs could rebound on farmers here

It’s not clear what impact tariffs will have on farm equipment but any increase will likely be passed on

It’s unclear if the new steel tariff proposed by U.S. President Donald Trump could be bad news for Canadian producers when it comes time to buy new farm equipment. If the tariffs are imposed, U.S. manufacturing companies would pay 25 per cent more for imported steel and 10 per cent more for imported aluminum, unless […] Read more