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Source: PROGRESSIVE FARMER, 5/21/22
The equipment market is a tough play these days. Delayed deliveries, rising interest rates and heavy demand have shot a heavy dose of angst and price inflation into both new and used equipment. The question farmers face is this: Buy new or buy used? The used market for tractors has been on a tear for two years. "Used combine values didn't start taking off as early (as tractors), but their relative value growth throughout all of 2021 was even steeper than tractors," says Andy Campbell...
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