A year ago prices for late-model — heck, all models of used — semi trucks were stratospheric. The same supply chain disruption that was impacting farm machinery manufacturers was plaguing truck makers, cutting off the supply of new trucks. Buyers who couldn’t get new trucks went after late-model vehicles. As a result, the average price for a Class 8 sleeper truck reached an astonishing $90,393 in December 2021, according to J.D. Power.
That was $41,748 more than 2020, despite trucks being 6 months older.
This winter a reversal came with a vengeance! Class 8 semi-prices dropped 25%, according to ACT Research. “That was a bit steeper than expected,” observes Steve Tam of ACT Research (actresearch.net).
Denne historien er fra May - June 2023-utgaven av Successful Farming.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra May - June 2023-utgaven av Successful Farming.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Hagie's Sprayer, Built With Deere Tech
The Hagie STS16 with 120-foot boom comes factory-installed with John Deere See and Spray Premium.
No-Spring Hydraulic Press
Air-return shop press makes for easier positioning.
The Disappearing American Farmer
A new book examines this trend and how it can be stopped.
60-Year Partnership Still Going Strong
Gil Tinsey and Fred Hasen met in college and have been farming together in Michigan since the 1960s.
A NewGeneration Farm
Regenerative agriculture spurs growth at Sather Farm and Ranch.
Yields Increase With Lime
Managing soil pH could increase crop production.
Solar Harvest Coming to a Field Near You
More research and work is being done to expand the use of agrivoltaics in North America.
The Cost of Leadership
When parents won't make decisions, it’s difficult for farming heirs to set goals.
The Power of Artificial Intelligence
How animal agriculture is reaping the benefits of Al.
Shutdown
lowa plant is first casualty in USDA meat processing initiative.
