Nearly 360,000 tractors and combines left dealer lots in 2021 in North America, reported the Association of Equipment Manufacturers (AEM) over the weekend. United States and Canadian unit sales of ag tractors and combines finished 2021 with gains over 10% in nearly every segment in both countries.

As COVID cases and its complications continue, the U.S. economy continues to thrive, according to a new quarterly report from CoBank's Knowledge Exchange. Workers are steadily returning to the labor force and consumers are still spending confidently.

For 2022, the Purdue Agricultural Economics Report released on Jan. 13 cited inflation and COVID-19 uncertainty as key issues impacting food prices, general economy performance, farm costs and returns, farm financials and household economics.

Iowa State Agricultural Economist Bobby Martens has been researching U.S. ag supply chains for over 16 years. He will share his perspectives on supply chain management at the Farm Futures Business Summit and Ag Finance Boot Camp Jan. 19-21 in Iowa City, Iowa.

The Sandhills EVI for the farm equipment market, which includes 100-horsepower and greater tractors and combines, notched 15.5% year-over-higher auction values and 9.2% (or $15,000) year-over-year higher asking values in December.