Used Canadian Farm Equipment Inventory Levels Continue Rising While Values Trend Sideways

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The new Sandhills Global market report covering June data for used Canadian farm equipment on MarketBook.ca and other Sandhills platforms shows inventory levels are still rising. Inventory levels inched up by 0.28% month over month and 20.86% year over year. The used high-horsepower tractor category (tractors 300 HP and greater) had the largest inventory increases, up 5.37% M/M and a dramatic 66.11% YOY.

Asking prices and auction values exhibited similar changes in June, with monthly decreases, YOY increases, and sideways trends. Watch our video to learn more about value trends and the equipment categories driving them.

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