Used equipment inventories remain elevated. And while they are not as high as they were in 2023 and early 2024, Andy Campbell, director of insights for TractorZoom, said it’s still too much pressure for this market to take.
As has been the case, used combines continue to be the biggest problem, according to Campbell. “We’ve seen combines drop anywhere from 12% up to 30% in value. Combines have been the problem from 2023 now into…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
