Trends with used farm equipment values are always top of mind with me as I pour through the different types of data (auction price data, dealer listing price data, search traffic data) our Machinery Pete business churns out daily. There are two trends I want to pull forward and touch on here with you as the calendar flips to March 2017.
November is off to quite an interesting start. I saw some very strong auction prices during the first 10 days of the month. These strong auction sale prices don’t surprise me — even in this stubborn down ag economic cycle we’re stuck in. Why am I not surprised? Because it’s the same thing I’ve been seeing now for 6 years in a row now going back to 2010.
Good data can help you make better decisions for your business. This applies to the used equipment end of your business, of course. But how do you tend to use data to look at used values?
To provide equipment dealers with an expert source for the value of and trends in used equipment, Farm Equipment is introducing a new regular blog feature titled "Used Equipment: Market Value & Trends," written by Greg Peterson, known to the industry as Machinery Pete.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we take a look at dealer consolidation has impacting the number of big dealers in 2025.
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