According to the newest Sandhills Global market reports, asking prices for used tractors and combine harvesters on TractorHouse.com and other Sandhills platforms are trending down. Both markets posted monthly and year-over-year decreases in August. Market factors influencing this trend include unchanged interest rates and lower crop prices.
Our latest Dealer Sentiments Report confirms the trend. According to the latest data, used equipment pricing was down 7% year-over-year in July vs. down 6% the previous month with most pricing pressure on combines.
Used row-crow tractor pricing was down 7% vs. down 5% the previous month. Used combine pricing, according to the Dealer Sentiments Report, was down 9%, flat with the previous month.
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