U.S. Used Sprayers
- Inventory levels of used sprayers fell 4.04% M/M in January but increased 10.8% YOY.
- Asking values were down 2.68% M/M and 5.86% YOY and are continuing a downward trend.
- Auction values also decreased, down 0.78% M/M and 8.52% YOY, and are maintaining a downward trend.
- The EVI spread in this market fell two points from December to 43% in January, slightly under the peak values seen in 2015.
U.S. Used Planters
- U.S. used planting equipment inventory is trending downward. Inventory levels decreased 5.03% M/M and 5.64% YOY in January.
- Asking values were up 4.51% M/M but down 4.95% YOY and are trending down.
- Following a similar pattern, auction values were up 6.99% M/M but down 3.22% YOY 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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