Tractors
Nine months ago, high-horsepower tractors were selling for record-high auction prices. Those same models are now bringing more than $100,000 less. As prices trend down, the opposite is happening with inventory on lots.
Machinery and technology news briefs from the week of May 27, 2024.
Machinery Pete shares some of his recent observations from the new and used farm equipment sectors.
One ag industry expert shares his take on this weekend’s solar storms, how it may have impacted farmers during the height of planting season, and what needs to happen going forward.
Machinery Pete selected a pair of used tractors as his Pete’s Pick of the Week on AgriTalk Radio. He also discussed the over supply of late model, high horsepower tractors pushing prices down on dealer lots.
A quick dispatch from one of the companies present for this year’s Ag on The Mall celebration, taking place this week in Washington D.C.
Pete’s Pick of the Week uncovers yet another decade-plus, four-wheel-drive tractor that fetched a high price at auction. He also has his eye on two upcoming used equipment auctions this week.
Machinery Pete makes a trio of John Deere tractors his weekly Pete’s Pick of the Week. He also shares advice for farming’s next generation and information on an upcoming auction.
Machinery Pete continues to see higher than average farm equipment resale prices, and he has an idea why that is.
CNH Industrial is appointing Gerrit Marx to the role of CEO, effective July 1, 2024. Marx will replace current CEO Scott Wine.