Speaking of interest, high interest rates combined with low commodity prices ... a used tractor you’re looking to sell? List it with MachineryPete.com, the most trusted name in farm equipment ...

During that time, commodity prices dropped and values on all types of large late-model used farm equipment followed suit and declined by 20% to 25%. Smaller Dip So Far We haven’t seen as large ...

Auction values for late-model assets ... highlight the most significant changes in Sandhills' used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets.

For example, 2021 and 2022 model year combine harvesters were 21% to 25% lower in December compared to year-ago values. Assessing concerns regarding the used agricultural equipment market specifically ...

The market for good, quality used farm equipment such as tractors ... brokers charge a 10 percent commission of the total value of the farm equipment that was successfully sold.