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MACHINERY PETER REPORTS NINE PIECES OF EQUIPMENT SETTING AUCTION PRICE RECORDS
Apr. 28, 2023
By Greg Peterson, AgWeb.com
Auction prices have been amazing in the last year -- especially in the last six months. Check out the equipment category record-high auction prices just since November 2022.
Why Are Machinery Prices So High?
While these record-high prices are historic in their own right, what's really amazing is the sheer rising tide of elevated sale prices.
Of course, the driving force behind the aggressively rising auction prices across all equipment categories has been a lack of supply for both new and used equipment. The limited allotment of new equipment is mostly pre-sold out far in advance.
To read the entire article click here.
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