While slightly stronger auction prices have been seen on the used combine front, not so with of other equipment, including large used planters, self-propelled sprayers and 250-300-plus horsepower tractors.
In this issue of Farm Equipment, we present a look at the used farm equipment market from a variety of different angles - from dealers to equipment auctioneers. But the bigger story is where it's all heading.
Despite the "high time"? the ag equipment business is enjoying these days, one shortline equipment manufacturer told Ag Equipment Intelligence that he's seeing signals that indicate a slowdown isn't too far down the road.
This morning, the USDA issued its monthly update to the supply and demand outlook for the 2010-11 crop year, as well as its monthly crop production report, both of which analysts called “bullish for commodity prices” and near-term farm equipment sales.
Manufacturers share views on near-term supply, whether the early-order concept has staying power, how their successful dealers pre-sell and changes they're putting into play to make early-order more palatable for all.
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