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Traders are brushing aside the bullish long-term outlook for now.
Grain price increases look unlikely now, but Stewart-Peterson’s Naomi Blohm says if soybean yields come in low then prices could shoot up.
Divergent attitudes and fundamentals have drawn the battle lines. Which market will win?
Carryover projections may be the real market-mover in today’s September crop reports.
Traders are ignoring the drop in crop ratings and a hot and dry forecast for now.
Use this spreadsheet, provided by Chris Barron, to keep current on margin opportunities.
Funds are long soybeans and short corn. The difference is demand.
Hot, dry weather has taken hold over most of the corn belt just in time for the Farm Progress Show. DTN Meteorologist Bryce Anderson gives the show forecast on AgriTalk and talks about the outlook for moisture into harvest.
Keck-Gonnerman tractors were made in Mount Vernon, Ind. on the banks of the Ohio River before the company was sold in 1953.
This week on Tractor Tales, Machinery Pete heads to America’s Dairyland.
This week on Tractor Tales, Machinery Pete heads to Georgia.
Now with almost 3x the hours, this tractor sold higher yesterday than it did when the owner bought it.
The new M4 Series is now available at authorized Kubota dealers nationwide.
Everyone clamors to acquire nice-condition used tractors once they hit the 10-year-old mark.
It sold for the second highest auction price in the U.S., and only trails the 1999 model John Deere 7810 with 1,050 hours that sold on an August 2, 2014 farm auction in Canada.
The sale of this Allis Chalmers was propelled by nostalgia and family connections.
Used tractor values remained strong right through the end of 2018.
The cabs of combines and tractors during the fall and spring are usually covered with dirt, grease, mysterious substances, and various remnants of fast food debris.
At an auction in northwest Nebraska, Machinery Pete found some interesting prices on some machinery from the 1970s. Among his finds? A 1978 John Deere 4840 powershift.
In early 2015, the trend of leasing tractors took off. Machinery Pete called it “the year of the lease.”
Machinery Pete is constantly keeping his eye on what’s happening in the machinery market. Recently, skid steers have been catching his eye.
One of the most popular and best-known tractors John Deere has manufactured is its 4440.
On Friday, an auction in Iowa created a lot of interest, mostly due to a particularly rare International 7588.
Any debate about heat in the tractor collector market has been dispelled in the last few weeks. According to Machinery Pete, muscle tractors from the early 1970s have been the sweet spot.
A 1974 John Deere 4430 with 2,021 hours recently sold for the second-highest auction price ever for a 4430 on April 5.
In May, one of the hottest sectors of the used equipment market was square balers.
As new equipment makes its way to the market, Machinery Pete is pulling out the crystal ball and looking ahead to auction prices in the distant future.
Machinery Pete goes to Beverly, Ohio for this week’s Tractor Tales.