Equipment Sales Show Ag Optimism Tied to Policy Promises

Dan Industry News Release

report equipment manufacturersA new industry report suggests improvements in optimism in agriculture is fueled by discussions over federal tax and regulatory reform. Farm Policy Facts reports policy experts are hopeful the momentum will continue, especially if Congress makes sound decisions regarding farm policy, which provides a foundation for the rural economy. Agricultural equipment sales have increased for six straight months, and the outlook for future sales is promising, according to the Association of Equipment Manufacturers. Former House Agriculture Committee Chairman Larry Combest says one of the best ways to help all growers turn the tide is by combining legislative certainty on the farm policy front with lower taxes and continued reductions in regulatory burdens. Combest says: “We need stronger policies right now, not weaker ones, and if lawmakers can provide that kind of certainty, farmers are poised for a comeback.”

From the National Association of Farm Broadcasting News Service.