www.farm-equipment.com/articles/22831-datapoint-canadian-equipment-costs-per-acre-near-900

DataPoint: Canadian Equipment Costs Per Acre Near $900

September 18, 2024

This week’s DataPoint is brought to you by the 2025 Ag Equipment Intelligence Executive Briefing.

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Rising farm equipment prices, increasing interest rates and higer farm profitability have farmers placing more emphasis on their per acre equipment costs. According to Farm Credit Canada economists, total farm equipment investment per acre is nearing $900 per acre in 2024, based on new equipment prices and annual equipment capacities.

Watch the full version of this episode of On The Record

Kim Schmidt

Kim Schmidt is the Executive Editor of Farm Equipment and the host of Ag Equipment Intelligence’s On The Record. An award-winning writer, she worked 7 years in business-to-business trade media before joining Lessiter Media in 2012. She is a journalism graduate of Marquette University.

Contact: kschmidt@lessitermedia.com