Governor Of Texas FURIOUS And BETRAYED As New Holland Increases Price While Farmers Struggle

AG Report January 8, 2026
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New Holland and parent company CNH Industrial are crushing Texas farmers with astronomical tractor prices while farm incomes collapse, creating a perfect storm destroying rural agriculture across America. What You'll Learn: How New Holland tractor prices jumped 287% since 1990 Why CNH laid off 373 workers in March 2025 The dealer network collapse across rural America How Texas farmers are trapped between high costs and low prices Trump tariff impact on equipment manufacturers Customer service horror stories from New Holland owners Why tractor sales crashed 20-35% year over year What happens next for Texas agriculture The Price Explosion: 200HP tractor: $90,000 (1990) → $350,000+ (2025) 287% increase far exceeding inflation 300HP models up 275% same period Precision ag tech adding $50-100K more CNH raising prices during farm crisis Average price doubled inflation rate Texas Farmer Crisis: Losing $50-150 per acre on corn Fourth consecutive year of losses Corn $3.90/bushel vs $5+ breakeven Cannot afford $200-400K tractors 20-30 year old equipment breaking down Banks refusing ag equipment loans Need technology to compete but priced out CNH Layoffs: March 2025: 373 workers laid off Fargo ND: 198 positions eliminated Benson MN: 175 jobs cut Production slowdowns at 14 US plants Cutting workers while keeping prices high No rehiring timeline provided Sales Collapse: Tractor sales down 20% year over year Combine sales crashed 35% November 2025 steepest drops in decades Farmers delaying purchases indefinitely Dealer lots overflowing with inventory CNH expects 13-18% more decline John Deere, AGCO facing same crisis Dealer Network Imploding: New Holland dealers closing nationwide Rural areas becoming service deserts Multi-line dealers dropping NH franchise Rea Valley Tractors ceased trading CT Hayton entered administration Malpas Tractors lost territory Dealers switching to Kubota, Mahindra Customer Service Disaster: Months-long wait for parts Brand new tractors with repeated failures Dealers can't contact NH corporate 20% restocking fee on wrong parts Warranty work requires delivery fees $60K tractors overheating with basic use Customers switching to competitors Trump Tariff Impact: Steel/aluminum tariffs raising costs CNH forced to increase prices further $500M tariff hit on manufacturers Cannot pass full costs to broke farmers Trade war eliminated China soybean market Farmers squeezed both directions Where This Goes: More CNH layoffs coming 2025-2026 Additional Texas dealer closures inevitable Farmers repairing 40-year equipment Rural job losses accelerating Industry lobbying federal bailout Used market flooding as farmers quit Complete industry restructuring ahead Governor Abbott remains silent while Texas agriculture faces existential crisis. New Holland pricing farmers out of business while laying off American workers. This is the complete story of how equipment manufacturers abandoned the farmers who built their companies. #NewHolland #TexasFarmers #CNHIndustrial #TractorPrices #FarmCrisis #AgriculturalEquipment #RuralAmerica #FarmEconomy #Abbott #TrumpTariffs #DealerClosures #FarmBankruptcy #EquipmentCrisis #Agriculture2025 #TexasAgriculture

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