Inside Edge – Canadian Agriculture Industry Panel Recording

Industry Insights Comentarios

Educational seminar from Ritchie Bros.

Ritchie Bros. & expert guests discuss the state of the industry

Over the past couple of years, we’ve been on a mission to get more data and insights into the hands of customers like you, to help you make more educated buying and selling decisions for your business.

We provide updates on the latest pricing trends through our monthly Used Equipment Market Trends Summary reports (see May stats below), we’ve launched RB Asset Valuator to help search historical pricing by make/model/year, and we have held several live industry panels with internal and external market experts.

This week, following our spring ag run—where we held 71 auctions in 30 days —and our massive six-day US$197+ million Edmonton auction, we sat down online to discuss the Canadian agriculture and construction industries.

Featuring Craig Klemmer (Principal Agriculture Economist, Farm Credit Canada), John Schmeiser (CEO, Western Equipment Dealers Association), Kevin Tink (Auctioneer & Sr. Advisor, Ritchie), and Jordan Clarke (Sales Director, Ritchie Bros.), the Canadian Agriculture Panel held May 10 discusses macroeconomic issues, the right to modify/repair, supply & demand issues at auction and dealerships, and other issues keeping farmers up at night:

Agriculture equipment highlights from May Market Trends Report

With the May edition of Ritchie Bros.’ Market Trends summary report we dig into farm equipment sales, trying to find the best-selling ag gear across Canada and the United States. Below are a few highlights from the report—MFWD tractor sales, 2WD tractor sales, combine sales, and grain truck sales. For the full report, visit rbassetsolutions.com/market-trends-report.

2021 MFWD tractor sales

2021 2WD tractor sales

2021 Canadian combine sales

2021 Canadian grain truck sales

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