Are tractor prices dropping, have they peaked?

[Reddogs]

I dont see that at all , i am in lowes or HD every day getting materials, No price drop here.

Well not a 50 percent half price sale, but drifting down...

 

[KyleMyth22]

I know that in the Netherlands government tried to make farmers' life harder that they give up their farms..

 

[5030]

As long as the rate of inflation stays high, nothing will cost less and that includes tractors because builders are paying more for their raw materials and assemblies.

 

[IndyJay]

As long as the rate of inflation stays high, nothing will cost less and that includes tractors because builders are paying more for their raw materials and assemblies.

Let's not forget shipping costs with the current fuel situation.

 

[Torvy]

Fuel is about to spike as we run out of reserves.

 

[jyoutz]

Fuel is about to spike as we run out of reserves.

Don’t think that’s happening.

 

[Torvy]

Don’t think that’s happening.

We will need to replenish them so supply will plummet and prices will spike. The only other alternative is to run out completely. Either way, this move is unsustainable.

 

[IndyJay]

Fuel is about to spike as we run out of reserves.

At least we made through the mid-terms...

 

[5030]

Check out the Congressional Budget Office report. You won't like it one bit.

 

[jyoutz]

We will need to replenish them so supply will plummet and prices will spike. The only other alternative is to run out completely. Either way, this move is unsustainable.

There’s no rush to replenish. There’s still more crude left in the strategic reserve than any other country keeps in reserve. 2023 US production is planned by industry to set a new record and the government buys in such quantities that there is a significant discount. Also the oil from the reserves was sold at a significant profit on the current market.