Machinery Pete: Near-Record Auction Prices After Tariff News

AgDay Machinery Pete 04/09/18
( Farm Journal )

We’re starting the second week of April, and talk of tariffs between the U.S. and China have dominated agriculture and mainstream headlines this month.

Talk of these possible tariffs are escalating feelings of nervousness. 

How will trade concerns impact farm machinery? That question has been on Machinery Pete’s mind since China proposed tariffs on U.S. soybeans.

At two auctions in North Dakota, Machinery Pete found some impressive prices, including a record price on a 2008 New Holland T9030.

Watch Machinery Pete every Monday on AgDay.