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On the Record

Used Equipment Sales See an Uptick

On Dec. 10, the Federal Reserve announced another quarter point rate cut, lowering it to 3.5-3.75%. Similar to the cut made in October, the Federal Reserve Open Market Committee said it “seeks to achieve maximum employment and inflation at the rate of 2% over the longer run.”
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Used Equipment Prices Trend Downward

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.
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