“We probably won’t see, unless something crazy happens, the price of used equipment going down much more,” says Cory Nordhausen, AgDirect. For many farmers, the current machinery market feels anything ...
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 go any higher?
SPARTA, Ill. — Greg Peterson, the used farm equipment guru known as Machinery Pete, has a simple answer when asked about the meteoric rise in market values in recent years. There just hasn’t been a ...
Market analysts see signs of movement as farmers face tough choices between costly repairs and replacement purchases.
The price gap between new and used is widening, and farm auctions may be one factor behind the trend. According to several farm equipment dealers and manufacturers, auction values for used farm ...
LINCOLN, Neb., Dec. 4, 2025 /PRNewswire/ -- Sandhills Global market reports covering November data highlight a tough market for used truck dealers, a slight uptick in used agricultural equipment sales ...
Modern agriculture has evolved into a data-driven, highly coordinated operation where efficiency determines profitability. Farms are no longer small, isolated plots managed by a handful of workers.
Shane Reagan had one word to describe how he felt after spending $255,000 for a used Case IH quad-track tractor at a farm auction near Williams in north central Iowa: Broke. But he also felt pretty ...