The price of used should be taken as relative to the price of a similar product brand-new off the factory line. That’s another way of saying that paying $80,000 for a nearly 30-year-old tractor sounds ...

I’ve seen many up and down cycles in agriculture over my 32 years of tracking used farm equipment values. In the past, when the good times rolled around, I’d see quite a few record-high auction prices ...

For a good example of what might seem an out-of-control tractor market, one need only look to a chilly, rain-soaked auction last March in southwest Minnesota. In a video of the auction, a 25-year-old ...