Articles tagged under: farm equipment
A Supply-Demand Tug-of-War
Published January 11, 2023
The used machinery market remains hot. BigIron Auctions Territory Manager Eric Kaczmarski says tight supply will continue to keep used machinery prices high. "Prices will remain strong as long as customers still struggle to get equipment at dealerships." Kaczmarski says…Used Equipment Market is ‘Hot’
Published January 7, 2023
The Lake Region Extension Roundup featured a session on land and equipment prices. Steffes Group President Scott Steffes was featured and said the used machinery market is hot. "If you can afford it, you should buy it because the wait…Combine Sales 16 Percent Higher Than 2021
Published December 14, 2022
According to the Association of Equipment Manufacturer’s monthly flash report, the sales of all tractors during November were down 21 percent from the same month last year. Combine sales in November totaled 314, up eight percent from last year. Year-to-date…Pent-up Demand for Farm Equipment
Published December 2, 2022
In an update on Deere's quarterly earnings, Reuters reported farm equipment and combines are virtually sold out for 2023. StoneX Chief Commodity Economist Arlan Suderman says the high commodity prices in recent years have driven up demand. "Unfortunately, the same…Land and Equipment Outlook
Published November 21, 2022
BigIron Auctions Vice President of Ag Sales Kurt Campbell says land sales remain strong. "We've hit record prices on several different parcels of ag land. Oftentimes, we'll see neighbors spend a little bit more when an acre of land comes…Farm Equipment Industry Adapts
Published November 12, 2022
Farm equipment purchases tend to increase with end-of-the-year spending. That has been complicated by logistical issues this fall. "It's an interesting time with how the industry has adapted to tight supply chain issues," said John Onken, CEO, True North Equipment.…Used Farm Equipment Values Rocket Higher
Published July 6, 2022
'Machinery Pete' Greg Peterson says supply chain issues and the lack of available new machinery continues to keep used equipment prices moving higher. "I've never seen anything like in the 32 and-a-half years I've been tracking auction prices. It went…U.S. Tractor and Combine Sales Declined in March
Published April 14, 2022
According to the Association of Equipment Manufacturers, tractor and combine sales declined in March. Tractor sales were down 21 percent while combine sales were off ten percent, marking the first decline in sales since last July. AEM says 100-plus horsepower,…An Evolution of Sugarbeet Equipment
Published March 21, 2022
Amity Technology Chief Executive Officer Howard Dahl says there's been many changes in the farm equipment business. "We've been involved in the sugarbeet industry since 1979. When I look back, I think about the simple four-row harvesters built in the…