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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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Trade Values & Trends

Used Combine Inventory Dips 0.11% in May Across U.S., Sandhills Global Reports

Inventory declined 2.5% M/M and 0.66% YOY, led by a 4.8% M/M and 9.6% YOY drop in the 100-174 HP category while inventory levels of used combine harvesters decreased by 0.11% M/M in May and were down 5.54% compared to year-ago levels. Despite the decline, this market is trending up. Trade Values & Trends is brought to you by TractorHouse.
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