Sandhills Global's agricultural market reports cover used tractors, combines, sprayers, and planters in Sandhills' U.S. marketplaces. As buyers and sellers enter the end-of-year auction season, the reports show that auction prices ticked up month over month in most categories in November (the compact and utility category group was an exception), with combines leading the other categories.
"High-horsepower tractor and combine inventory is still climbing while asking values are coming down," says TractorHouse Manager Ryan Dolezal. "In both categories, auction values have been increasing but are now on a steady trend. Combine auction values increased more than other categories from October to November. Compact tractors, on the other hand, showed decreases across the board in inventory levels, asking values, and auction prices."
The key metric in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets and model-year equipment actively in use. EVI spread measures the percentage difference between asking and auction values.
Sandhills market reports highlight the most significant changes in Sandhills' used heavy-duty truck, semitrailer, farm machinery, and construction equipment markets. Key points from the current reports are listed below. Full reports are available upon request.