John Deere Equipment Purchase & Financing in Red Deer

Trends in the Red Deer, Alberta Farming Industry

Farmers are dependent upon equipment like John Deere tractors to support their operations. According to the Alberta Agri-Food Statistics, in 2017, “75,100 Albertans were employed in agri-food industries, representing 3.3% of the total provincial workforce.” While the past few years have been economically challenging in the Red Deer, Alberta area, Alberta’s farms have experienced growth. For many Alberta farmers, the 2018 season was particularly difficult, with poorly-timed drought as well as snow. Farmers are still recovering and building up their operations due to these difficulties. That makes the right equipment even more essential.

In recent years there have also been positive changes in the farming business in Red Deer, Alberta. Beef ranching is increasing, counteracting losses in the dairy industry. Poultry and egg production have also improved in the region. Grain production is up, with an increase in both wheat production and of other grains. Alberta remains a farming powerhouse of Canada, particularly in the areas of beef and grain production.

Supporting Red Deer’s Farms: What Equipment is Required?

Farm equipment trends change with the needs of individual farms. What kinds of John Deere Red Deere equipment will you see on farms right now?

• John Deere tractors for plowing, hauling, and harvesting food for people and livestock.

• John Deere excavators for moving hay, dirt, or other agricultural products.

• Haying, mowing, and baling systems for those who are raising feed.

• John Deere combines to harvest grain crops.

• Backhoes for projects around the farm.

There is also a busy food processing industry in the Red Deer area, and with value-added agriculture comes the need for equipment such as forklifts and loaders to move product.

Supporting the Oil Industry

Red Deer, Alberta is located between Edmonton and Calgary, and like its neighbors, it is a center that supports the oil industry with events like the annual Red Deer Oil and Gas Expo. Companies in Red Deer look in that region and beyond for the right tools to support their business: the oil and gas industry requires equipment such as engines and drivetrains.

Most Commonly-Asked Questions About John Deere Equipment in Red Deer, Alberta

How much will my John Deere farm equipment cost in Red Deer, Alberta?

The cost of your equipment depends on if you purchase new or used and the type of tool you need. For example, a new John Deere combine runs $380,000 and up, while a compact utility John Deere tractor starts around $17,000. The John Deere website has a feature called “Build Your Own” which can help you estimate the cost of your new John Deere equipment and any additions that you need to add. It’s also important to reach out to local equipment dealers for details on offers and specials that they can provide.

What’s the most expensive John Deere tractor in Red Deere, Alberta?

While new products are introduced all the time, and prices change, the John Deere 9560RT is one of the most expensive tractors out there with a price of around $454,000.

How can I get financing for a John Deere equipment purchase in Red Deere?

You can get financing from a John Deere dealership, or you can connect with your bank or credit union. You can also work with an online loan provider that can seek out the best financing options for your business.