Machinery Pete Used Value Index

摘要

This trends analysis tracks the relative value of used machinery to provide insight into auction bidding strength or weakness. This topic is long overdue. I've known for many years that I needed to create a new report, a broad-brush synopsis of the used equipment market with monthly updates. The report also needed to provide closer looks at individual seg-of the used equipment market such as four-wheel-drive tractors, tillage equipment, or ATVs. Over the years, I've had an increasing number of phonecalls from Wall Street analysts looking for insight into what was really happening in both the new and used farm equipment markets. I've always enjoyed visiting with these folks. They ask insightful questions about finger-on-the-pulse topics.