New data from the Association of Equipment Manufacturers show more farmers are looking to make new machinery and equipment purchases between now and the end of the calendar year. Sales numbers for 100-hp tractors, for example, are trending higher than the previous five-year average. But is shiny new paint the right answer for your operation? There are a lot of factors to consider, and things like upgrade costs for older equipment, automation and other new technology may influence the cost-effectiveness of buying new versus used equipment. See and hear more on some of the current equipment-buying variables.
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