Used equipment auction pricing remained challenged in February, according to a March 6 report from Stifel.

According to the report, auction prices for combines and over 300 horsepower tractors remained positive year-over–year, while smaller ag equipment was more mixed. Inventory levels have generally improved but remained too high on the small ag side.

Used equipment auction pricing was up 1% year-over-year for combines and up 4.2% year-over-year for over 300 horsepower tractors. Pricing was down…