The latest Trade Values & Trend data from Tractor House shows that in the U.S. used sprayer inventory levels fell 4.04% month-over-month in January, but increased 10.8% year-over-year.
Asking values were down 2.68% month-over-month and 5.86% year-over-year and are continuing a downward trend.
Auction values also decreased, down 0.78% month-over-month and 8.52% year-over-year, and are maintaining a downward trend.
The Sandhills Equipment Value Index spread in this market fell two points from December to 43% in January, slightly under the peak values seen in 20 15.
U.S. used planting equipment inventory is trending downward. Inventory levels decreased 5.03% month-over-month and 5.64% year-over-year in January. Asking values were up 4.51% for the month but down 4.95% year-over-year and are trending down. Following a similar pattern, auction values were up 6.99% vs. the previous month but down 3.22% year-over-year in January.
The EVI spread in this market dropped 10 points from December to 51% in January, significantly lower than the peak values observed in 2015.
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