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Are you ready to buy new equipment?

The Around Farm Progress Podcast discusses rising interest in replacing aging equipment, what drives that decision and a look at the changing nature of ag tech.

Based on new data, and rising crop prices, it looks like farmers may be heading back to their local farm equipment dealer to make purchases soon. What might that mean?

Mike Wilson, editor of Farm Futures, discusses the factors surrounding equipment replacement, why a 7-year-old machine may need to be upgraded and some financial considerations for those in the market. And he discusses how automation and technology could make a difference in the future.

Figures from the Association of Equipment Manufacturers show tractor and combine sales on the rise. Numbers for over-100 horsepower tractors are rising and the equipment purchase trendline for 2020 far outpaces the 5-year trend.

More podcasts and coverage

Beyond Around Farm Progress we've got more podcasts to share. Check out all our podcast links at FarmProgress.com/farm-progress-podcasts to keep up on not only Around Farm Progress but daily updates from Max Armstrong, and more.

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Farm Progress held its first ever Farm Progress Virtual Experience, which was an information-packed farm show including everything from field demonstrations to informative breakout sessions. The event went live recently and all the material, including the extensive trade show with hundreds of exhibitors, available at FPVexp.com. Check it out.

Related: Will grain rallies spur equipment buying spree?

The podcast Around Farm Progress goes live online by 3 p.m. Central time each Friday and will engage editors from around the country. You can listen to this week's episode above or subscribe using your favorite podcast service just search "Around Farm Progress" and subscribe so you don't miss an episode.

Farmers are getting their information in new ways. Farm Progress is a leader in reaching them as needed. From top magazines around the country to one of the first agriculture-focused mobile apps from Farm Futures, to the leading television presence with This Week in Agribusiness, the company covers all media for agriculture.

Comments or questions? Just send a note to willie.vogt@farmprogress.com

Willie VogtEquipment-buying-for-2021.jpg

BUYING TIME? Government payments and rising grain prices may open the door to more equipment sales in 2021.

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