A sharp drop in net farm income among row crop farmers has held a hefty grip on the ag economy this year. Next year isn’t forecast to be much better with margins expected to be in the red again for all major row crops. The high input and high interest rate environment, coupled with low commodity prices, could also mean more consolidation in agriculture in 2025.

Agricultural groups say they will not support a year-end spending package without economic aid for producers.

Recent auctions in Bible Grove, Ill., and Crofton, Ky., featured a fleet of high-quality equipment, drawing significant interest and competitive bidding.