Midwest Farming Equipment Outlook

Market Overview

Farm equipment sales across the Midwest remain under pressure in August 2025. New equipment demand is down, but used and auction markets remain active. Dealers and buyers are adapting to shifting weather and market dynamics.

Key Trends

• Lower Demand for New Equipment

Falling commodity prices, high input costs, and tight margins are leading to 10 – 23 % declines in new machinery sales vs. last year.

• Used Equipment Gains Attention

With farmers delaying major purchases, demand for used tractors— especially mid-range loader tractors— is steady. Inventory levels are rising due to trade-ins, pushing prices lower in some categories. This presents buying opportunities.

• Auction Activity Remains Strong

Retirements and farm restructuring are keeping the auction market busy, increasing used equipment availability and competitive pricing.

• Aftermarket & Parts in Demand

Farmers holding older equipment are driving up demand for repairs, maintenance, and parts. This is a bright spot for dealers and service providers.

• Tech-Driven Investments Continue

Interest in precision ag and smart equipment persists, with select buyers upgrading to boost efficiency and sustainability despite broader cutbacks.

• Weather Watch

August brings above-average heat and potential dryness in the central and northern Plains. While July rains helped corn and soybean conditions, continued volatility may affect future purchasing decisions.

Takeaway for Buyers & Sellers

The used equipment market is active, with deals to be found. Compare pricing across auctions and dealerships to identify value. Equipment in demand: mid-range tractors, late-model combines, and precision ag retrofits. Sellers should highlight service records and upgrade potential.

Tip: Use online platforms and dealer listings for real-time price comparisons on used tractors, sprayers, tillage equipment, and aftermarket parts.

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