“Looking out into 2016, it’s easy to focus on the sheer amount of used equipment available,” says Greg Peterson, also known as Machinery Pete. “In addition to the used inventory on dealers’ lots, I’m also seeing a big increase in the number of machinery auctions.”
With the exception of combines, North American farm equipment dealers are reporting that the value of most used ag machinery continued to hold firm through Feb. and there’s little evidence of any significant shift toward lower pricing in the near term.
Ritchie Bros. is returning to Petrolia for the third consecutive year to conduct an unreserved public agricultural auction at Podolinsky Equipment, a local John Deere dealership.
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The announcement of a partnership between New Holland and Bluewhite was one of the big precision stories of the summer. West Coast New Holland dealers now have the rights to sell, distribute and service Bluewhite’s aftermarket autonomy kits.