It’s a question I’ve been asked for 30 years. Back in the early 2000s, pre-internet, we’d stand and watch a sharp, used tractor or combine sell for $200,000. We’d say, “Can these prices ...
The market for good, quality used farm equipment such as tractors and hay combines is huge worldwide. Selling just one piece of equipment per week can generate business revenues of $200,000 per ...
However, using those experiences to predict how used farm equipment values will behave coming out of a strong up cycle into a slower, tighter time in the ag economy is dangerous, in my opinion.
Overall, inventory levels, asking values and auction values are on a downward trend for agriculture equipment, with few ...