In this episode, brought to you by Agrisolutions, hosts Casey Seymour and Aaron Fintel of Moving Iron LLC discuss the used planter market and how quiet it was at the end of 2021 and what it has looked like the first few weeks of 2022 and what they are expecting to see this fall. They also touch on the used combine market and what we can expect to see in that segment this year.

The Sandhills EVI for the farm equipment market, which includes 100-horsepower and greater tractors and combines, notched 15.5% year-over-higher auction values and 9.2% (or $15,000) year-over-year higher asking values in December.

“Farmers have disposable income, so they have money to spend it on and the tax laws really, really favor purchasing equipment,” Gary Schnitkey, a professor of farm management at the University of Illinois said. “Manufacturers are having difficulty keeping up with the demand.”