Machinery Pete - Equipment Auction News
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There isn’t one short sound byte that summarizes the current used self-propelled sprayer market. Right now, it’s all about navigating the noise and shades of gray, but you should be aware of these two developments.
Join the guys as they take a deep dive into the current state of the used sprayer market. If you’re thinking about buying or upgrading soon, you don’t want to miss this episode of the Moving Iron podcast.
Despite the severe economic headwinds in agriculture, Machinery Pete sees a golden opportunity for producers to get the equipment they want at a price they can afford.
We now have the hottest used farm equipment market I’ve ever seen, and a Nov. 6 auction in Maryland is the hottest auction I’ve seen in my 32 years of tracking prices.
I’ve seen the same trend for the past 10 months with used mid- to high-horsepower tractors, combines and planters. Now, the trend is in self-propelled sprayers.
This latest rise in used equipment values is, frankly, breathtaking.