Moving Iron: Used Equipment Values Hold Strong as Harvest Wraps Up and November Auctions Approach

As harvest winds down, what’s next for the agricultural equipment market? Casey Seymour and Greg Peterson, Machinery Pete, break down the latest trends impacting used equipment values, farmer buying decisions, and the outlook heading into November. Casey discusses how USDA reports and declining commodity prices are influencing equipment purchasing decisions, while Machinery Pete shares recent auction highlights, including record prices for used loader tractors. The conversation also explores demand for smaller combines, the growing divide between premium and average-condition equipment, and why November could bring another increase in auction prices.   See omnystudio.com/listener for privacy information.