Are tractor prices dropping, have they peaked?

[Cahaba Valley Farm]

The perceived product in the skid steer market gives them more competition. While many people look to Kubota early for a Scut or CUT, for a tracked skid you would typically look to Bobcat or Cat, before Kubota. I don't know that the reputation is fair on either product, but it is what it is.

In other words, market sentiment.

It's the total opposite in the tracked skid steer market, they ( Kubota ) are offering the best prices by far over their competitors, not sure what the difference is.

This is surprising but I will offer up my explanation. Kubota cooked themselves on the SVL-95's with a bad emissions system a few years ago much like they did with the B3350 but way worse. Now their reputation is tarnished in the construction market and they are playing the "price it lower than the competition card" to win customers back.

 

[Citydude]

My Kubota dealer reports that he can't get mini's or loaders for tractors. Reason? No steel piping and fittings for the steel pipe.

 

[Lineman North Florida]

In other words, market sentiment.


This is surprising but I will offer up my explanation. Kubota cooked themselves on the SVL-95's with a bad emissions system a few years ago much like they did with the B3350 but way worse. Now their reputation is tarnished in the construction market and they are playing the "price it lower than the competition card" to win customers back.

That very well may be so, but there is a huge difference in price between Kubota and Deere and Caterpillar in the skid steer market, at least in the 75 HP class, I wanted a Deere but I just couldn't justify the price difference, but I ordered back in February and they haven't produced the machine yet either, so we will see.

 

[Blue Mule]

Deere is doing 0% for 72 again, so that's a good sign if you like green paint.

 

[Lineman North Florida]

Deere is doing 0% for 72 again, so that's a good sign if you like green paint.

That is nice but I just can't see tacking on an additional 20k for an equally comparable machine, because at the end of the 72 months it's still 20k more out of your pocket.

 

[Reddogs]

It seems like recently wages have gone up so much that they would need to go back down before prices would be able to go down much. From my experience it seems rare for wages to go down. When workers at McDonalds are making $20/hr, it seems it would be hard to bring prices back to what they were a couple of years ago.

Once they have seen Parie, they don't want to go back to Kansas to say the least...

 

[3gunr]

Lumber is dropping, as interest rates rise.

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

 

[Hay Dude]

I dont buy a stick of lumber from the box stores, so I cant comment on them, but lumber yards are down a bit on price, but still wildly above pre-pandemic.

 

[4570Man]

I dont buy a stick of lumber from the box stores, so I cant comment on them, but lumber yards are down a bit on price, but still wildly above pre-pandemic.

I’ve actually been getting better prices from the box stores ( lowes ) vs the other non chain stores. I took my last house lumber package from Lowes to the local lumber yard and they said buy it from lowes that they couldn’t match it. Lowes has also been consistently beating the local plumbing and electric supply houses in price. I try to support local businesses when I can but when they’re offering less available hours, less available selection, and higher prices sometimes a lot higher that makes that a tough sale.

 

[Hay Dude]

I’ve actually been getting better prices from the box stores ( lowes ) vs the other non chain stores. I took my last house lumber package from Lowes to the local lumber yard and they said buy it from lowes that they couldn’t match it. Lowes has also been consistently beating the local plumbing and electric supply houses in price. I try to support local businesses when I can but when they’re offering less available hours, less available selection, and higher prices sometimes a lot higher that makes that a tough sale.

I aint the prices, their dimensional lumber is junk

 

[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.