Global economic and climatic challenges continue to challenge machinery manufacturing

Improved sales and rising revenues have offered a welcome lift for AGCO, CNH and John Deere during 2026, but manufacturers say high input costs, climate uncertainty and weak farmer confidence continue to threaten machinery investment and the wider agricultural market

Toby Whatley
Head of Machinery and Farm Technology
clock • 6 min read
Global economic and climatic challenges continue to challenge machinery manufacturing

Two years ago, I wrote about 2024 being the perfect storm for a farm machinery market downturn, and two years later the situation has changed, but not necessarily improved. Record dry conditions across...

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