RB Global, the parent of Canadian auction firm Ritchie Bros., is further expanding its reach into the online farm auction market with a deal for Nebraska-based BigIron Auction Co.
Tag Archives equipment market
Ritchie Bros. parent to buy online auction firm BigIron
Farm equipment market unlikely to pick up
Sales have been slow and an unreliable U.S. administration makes trade certainty impossible
North America’s farm machinery sales have been slow and uncertain thanks to tariffs and trade disruption. There’s not a lot of hope for change in 2026.
Canadian tractor sales slumped in 2025, combine purchases up
Canadian farmers have bought slightly fewer tractors this year than in 2024 while combine sales rose, statistics from the Association of Equipment Manufacturers show.
PhiBer Manufacturing starts major expansion
Manitoba farm equipment manufacturer to bring bigger business to rural community
Canadian farm equipment maker, PhiBer Manufacturing, is adding a new 60,000 square foot facility to its footprint in small-town Manitoba.
ANALYSIS: U.S. auto sector tariffs an “own goal”
Uncertainty caused by the on-again-off-again tariff threat has already disrupted production of some vehicles
The uncertainty caused by the on-again-off-again tariff threat has already disrupted production of some vehicles
Canadian farm equipment sales projected to slump in 2025
Farm machinery sales are forecast to decline for the remainder of the year and into the next. New equipment sales are expected to be soft as farmers face low commodity prices, high equipment prices and lower profits, though the decline in 2025 is expected to be less severe than in 2024. Sales of 4WD tractors are projected to stay above the five-year average.
Farmers buying fewer combines
Industry says drooping combine sales are part of a natural cycle, others say poor crop prices may have something to do with it
North American Equipment DealersAssociation says drooping combine sales are part of a natural cycle, others say dimming farm financials may have something to do with it
Cyber-Savvy Farmer
