Pulse: Farmers Eye Equipment Purchases

Santa just might bring a present that doesn’t fit under the tree this year. A Dec. 9 Pulse Poll asked how many farmers were buying equipment before the door closes on 2020.

Pulse Poll Equipment Purchases
Pulse Poll Equipment Purchases
(Lindsey Pound)

Santa just might bring a present that doesn’t fit under the Christmas tree this year. A Dec. 9 Pulse Poll asked how many farmers were buying equipment before the door closes on 2020.

Do you plan to make any equipment purchases before the end of the year?

Yes — 32%
No — 68%

Responses: 887

Looking to make a big purchase? Don’t miss the chance to check out advice from Machinery Pete during the Farm Journal Field Days Equipment Edition. New on-demand content is live now through Dec. 22.

Login or register for free at FarmJournalFieldDays.com.

Check out these must-watch sessions: experts, trends and guides

• A New Model for the Farm Equipment Business: Join this discussion as we talk to a newly formed multi-store dealership in the southern Plains.

• Ask Machinery Pete: Have your machinery questions answered by the one and only Greg Peterson.

• Top Trends in Used Machinery: Peterson shares his top takeaways from the used machinery market for the months ahead. Key drivers in values have shaped up to be age, condition, warranty and personalization.

• The Hottest Segments in Machinery: The IRS Section 179 tax deduction and related incentives are like gas cans next to a box of matches. As we near the final days of 2020, Peterson will dive into the top farm equipment categories and how farmers should position their purchases.

• Tools That Do The Trick: It is winter maintenance season for equipment on the farm. We have the ultimate guide for the must-have tools for your shop, toolbox and truck.

• 5 Tips to Maximize Resale Value: This guide provides best practices for how to sell your farm machinery for maximum value.

Login or register for free at FarmJournalFieldDays.com.

AgWeb-Logo crop
Related Stories
Machinery Pete warns farmers to act now before any increase in corn prices triggers a repeat of 2022’s all-time high auction prices.
InnerPlant’s CropVoice network alerts growers to fungal infections in real-time, expanding from soybeans to corn in 2027.
USDA ratings show that the nation’s crops lag behind Iowa’s current strong performance, while drowned-out areas and weather stress in Illinois could deliver harvest disappointments.
Read Next
The question facing U.S. agriculture is whether current farm aid is a bridge through temporary hardship — or a pier toward more structural government support.
Get News Daily
Get Market Alerts
Get News & Markets App