By Ben Potter, AgWeb Social Media and Innovation Editor Greg “Machinery Pete” Peterson has been tracking used farm equipment auction prices for more than 26 years. He does a fair amount of trend-spotting and says it isn’t hard to spot the latest trend – used values have been slipping, and have been for the past […]
By Ben Potter, AgWeb Social Media and Innovation Editor “This, too, shall pass.” That was the overriding sentiment during a panel discussion held by the Association of Equipment Manufacturers at the 2016 National Farm Machinery Show in Louisville, Ky. “Now is normal,” says Todd Stucke, senior vice president with Kubota. “We have to manage both the good […]
By Ben Potter Agweb.com Farm equipment sales have been on the downward slide – for the most part. There are still some bright spots in the data, however. According to the Association of Equipment Manufacturers (AEM) January 2016 retail sales report, several equipment categories are down from a year ago, including 40 HP to 100 […]
Farm Equipment Shipments, Inventory & Retail Sales Outlook 2016 Charles Glass, Glass Management Group, Arlington, Texas Tractor sales are the lifeblood of the farm equipment industry. They are the barometer for the sales of all other agricultural equipment, whether it is tractor mounted or self-propelled. We have produced an annual forecast for tractors and combines […]
By Ed Tibbetts Of the Quad City Times The tumultuous stock market has sparked renewed concerns in some quarters about a recession, but a leading economist in the Quad-Cities says there is little chance of that happening. J.B. Penn, the chief economist at Deere & Co., said Tuesday that while there is instability around the […]
December 28, 2015 | Source: Ag Equipment Intelligence Leasing has been the hot topic in the ag equipment market in recent months. Some dealers have expressed concerns about the potential impact on used equipment values down the road when equipment comes off lease. A Deere & Co. spokesperson addressed the subject during the conference call […]
By Greg Peterson, Machinery Pete posted on January 5, 2016 2015 was the year of used combine values finally finding some footing. Until December that is. Then, wow, what a drop. Let’s take John Deere S670s as an example. In 2014 the average auction sale price for an S670 was $186,817. The first 11 months […]
Advertising your equipment on an online website, like Tractor House, or Fastline, is a great way to expand your potential customer base. At the same time listing equipment online has created a market flooded with equipment of similar quality and similar features, making it difficult for your unit to stand out among the crowd. A Machinery […]
The U.S. House of Representatives voted 318-109 to extend Section 179 Thursday, and has already been signed by the President to make it official. The bill makes the $500,000 limit permanent. According to the Farm Equipment Manufacturers Association, there is a provision that equipment dealers would be allowed to depreciate remodeling and improvements made to retail locations over a period […]
