Published September 18, 2025

Here are a few fun facts that quantify a few realities of the farming sector.

U.S.$49.5 billion: The amount of the forecasted U.S. trade deficit for agricultural trade with Canada, which represents a $500-million increase from the forecast made last February. The jump in the trade deficit is largely attributed to Canadian consumers’ “buy Canadian” response to trade tariffs imposed by the U.S. on Canadian good.

3/5ths: That is the amount of all the soybeans traded on international markets imported by China.

And with China forecasted to need to import 100 million to 105 million tons this year, and its trade war with the U.S., this could leave American farmers facing losses.

Before U.S. President Donald Trump’s trade war, China bought a quarter to a third of the U.S. soybean crop, which represented the largest export from the U.S. to China.

15-20%: That is how much John Deere said it expects 2025 sales of large agricultural machinery to fall. And it expects those drops to continue in 2026. Large agricultural machinery is the company’s source of most of its revenue.

The figures were released in early September after the Illinois-based company, one of the largest manufacturers in the U.S., laid off 238 employees in factories in Illinois and Iowa, in the wake of rising steel and aluminum costs as a result of U.S. tariffs on imports.

60%: That is amount the price of new tractors rose in the U.S. over the last eight years, with some models more than doubling in price, jumping US$250,000 or more than they used to.

5.5 million: The number of hectares of land in Canada that has burned in wildfires in 2025 by mid-July, which represents about double the 10-year average for this time of year.

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