Larger harvests in the U.S. could depress prices, narrowing profit margins for farmers next year, according to the article.

“Weak used equipment prices and some weakness in land values are starting to show. These are some of the signs,” de Maria said. “We’re starting to see signs of cracking, but it’s more about the next couple of years.”

U.S. cash crop income could fall 11 percent in 2014 and a further 2 percent in 2015, according to William Blair estimates. It’s expected that spending by U.S. farmers on tractors will decline 15 percent in 2014 and 35 percent in 2015. Further drops are expected in 2016.

There’s also the potential bubble in U.S. farmland prices, which could cause sharper spending declines.  FG

—Summarized by FG staff from cited source