- John Deere named one of the best global brands
- John Deere Iowa factory celebrates its 100th anniversary
- John Deere encourages children to carry on the tradition of farm life
- University expansion gives John Deere the chance to gain a new facility
- Illinois students become familiar with the most up-to-speed farming equipment
- A tractor museum in North Dakota features unique John Deere tractors
- John Deere antique clock keeps tabs on the company's dedication to farm life
- High school agriculture students get a sample of groundbreaking equipment
- John Deere plays its part in Perryville's Old Timers' Day event
- Renovations are being performed in Moline to maintain the John Deere heritage
Posted by Green Fun Store on 1/6/2011 to Current News/Events of John Deere
According to Peterson, the used farm equipment market is hot right now as farmers are reporting higher farming income, but are still somewhat reluctant to invest the capital necessary to purchase brand new tractors as they wait to see how the economy moves forward. Peterson asserts that used low hour tractors are selling like hot cakes.
Currently, two used tractors he is watching on the Iowa market are both John Deere tractors: One is a 1998 JD 8100, while the other used tractor is a 1999 JD 8100 MFWD used tractor. Peterson affirms that both John Deere tractors are on the auction block, where he expects them to fetch "record high auction sale prices," like similar models have.
Peterson tells Agriculture.com that used tractors in good condition are becoming an increasingly popular choice for farmers and are rising in value as demand grows for them and manufacturers reduce their supply of new tractors.