Loading…

CEMA's Grassland Equipment division reports that the European hay-making machinery market slowed in the 2025/26 season even though manufacturer deliveries improved. Retail demand stayed below expectations and dealer stocks remained above the long-term average.
Weak equipment demand reflects farmers postponing purchases as energy and feed costs erode margins, which is a sign of tight farm profitability but has little direct effect on feed commodity prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.