Machinery Pete joined AgriTalk for his weekly report on the used ag equipment market, including his Pick of the Week.
Digging into his data, the average auction prices for Case IH Magnum 290 and John Deere 8285R tractors are both down 34% this year versus last year.
On January 3, 2025, John Deere will lay off nearly 300 employees from their facilities in Iowa. The company claims that there has been a decreased demand for farm equipment lately. There are ...
Here‘s Deere’s full statement: “Due to reduced demand for our equipment, John Deere has informed employees at three of its facilities in the Quad Cities of upcoming layoffs effective Jan. 3.
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