Combines might be running, but Machinery Pete is watching high horsepower tractors are creeping across his auction pages.
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Machinery Pete: Hot Prices on High Horsepower Tractors
(AgDay)
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While big-ticket items are seeing a slight pullback, a scarcity of 5- to 12-year-old inventory is driving record values for dependable machinery.
Machinery Pete reports a 12.7% price jump for John Deere 8R 370s as tightening supply drives renewed strength in the tractor sector.
The ability to make what’s old new again is creating a new floor for used sprayer and combine prices.
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