Used ag equipment is seeing record prices
Ag equipment dealer Machinery Pete says that since fall of 2020 it has been nothing but record sales for used farm equipment.
Machinery Pete says that the five highest auction prices were in the last sixteen months with the average auction price up 54 percent from three years ago. Three out of four Case IH Magnum 290 tractors have sold at record prices in the last eight months.
Only 23 John Deere 8235 RS were for sale in the entire country during July.