Projecting 2016-17 Farm Receipts and Equipment Sales
What's impacting farm equipment sales in 2016-17?
Farm equipment sales are usually a leading indicator of farm health. FCC Ag Economics: Projecting 2016-17 Farm Receipts and Equipment Sales PDF (717 KB) looks at how Canadian farm receipts and other economic variables have impacted new farm equipment sales in the past and how this might play out in the future.
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This report provides an outlook of new farm equipment sales in 2016 and 2017 using projections of farm cash receipts and other economic variables. Encouraging farm income projections suggest the new farm equipment market will turn the corner and experience a strengthening towards the end of 2016 and into 2017.
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Sales of farm equipment are expected to increase by 2017 as farm cash receipts are projected to increase. Gain insight into why and get a report overview from the Ag Economist team.
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What will farm cash receipts and equipment sales look like for 2016-17? J.P. Gervais shares projections and insights on farm equipment sales and how it relates to farm health.