It’s a question I’ve been asked for 30 years. Back in the early 2000s, pre-internet, we’d stand and watch a sharp, used tractor or combine sell for $200,000. We’d say, “Can these prices go any higher?
Top left clockwise: A 2011 John Deere 9530, 2014 Case-IH Miller Nitro 5240 sprayer, and 2010 John Deere 8345R all drew significant auction prices on December 30 at a used farm equipment retirement ...
Greg "Machinery Pete" Peterson said auction sales of late model used large farm equipment have soared while prices have plummeted. He talked about the state of the industry at the Big Iron Farm Show.