Rented Farmland Stats and Tractor Sales Down
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update
**Over 2 million landowners rented out 348 million acres of farmland, according to the results of the 2024 TOTAL survey from the USDA’s National Ag Statistics Service.
Of those acres, 79% are owned by non-farming landlords.
Non-operating landlords include entities who rent out agricultural land under a variety of ownership arrangements.
Of the land they rented out, over 251 million acres were rented out by private landowners, trusts, or family entities.
**Ending stocks for corn, soybeans, and wheat were left unchanged in the March WASDE report, with some analysts calling it a “non-event”.
The 2025-26 U.S. corn outlook saw the season-average corn price unchanged at $4.10 per bushel.
The biggest change was in global coarse grain production, which was forecast to be 2.7 million tons higher at 1.593 billion.
There were also no changes for the U.S. wheat supply and use categories.
**The Association of Equipment Manufacturers’ monthly “Flash Report” said the sales of all tractors during February in the U.S. were down 12% from the same month last year.
A total of 9,084 tractors were sold, which compares to 11,167 sold during February of 2025.
Combine sales in February totaled 159, down 13%.
For the year, total tractor sales are down 9%, while combine sales were up 15%.
