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This almost record-setting price is from an Ohio auction.

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AGDAY

This tractor brought the second highest price ever for a 1466.

To meet the ballooning demand from China’s newly wealthy middle class for a greater variety of foods such as meat, fruit and vegetables, China needs bigger, more efficient and safer farms. But that poses a huge dilemma for the state: if it allows all these little plots to be consolidated, it could put millions of rural workers out of a job.

This combine sold last Saturday.

This combine sold this past Saturday.

Machinery Pete says sales of sprayers continue to impress him, but it’s a similar story with quality machines. “Good used equipment has been in demand since end of 2016, and I’ve been surprised at some of the prices we’ve been seeing on late model large stuff,” said Greg Peterson, Host of Machinery Pete TV. He says one factor becoming an even more important factor to buyers is warranties.

When U.S. Farm Report visited Hartley Feeders in 2015, the picture wasn’t as green. Sterling Profit Tracker showed in October 2015, feedyards were losing an average of $500 per head. Today, it’s a complete 180 degree difference with Sterling Profit Tracker showing for the week ending May 12th, feedyards saw $536 per head gains. With more attractive prices, feedyards are packed with lighter carcass weights.