With this years drought in much of Alberta and Saskatchewan -- it seems like the dealers in this area are having a tough time selling new combines and as a result -- there isn't as many newer trades (2010+) out there as prior years.
Maybe the 20%+ exchange rate discount is a big factor as well?
Question is -- will combine purchase prices be lower this year than next year? On the plus side of things for a buyer -- lack of demand has certainly got to cut into dealer profit margins this year; but on the negative side of things if new combine prices are going to keep climbing, the used market prices might keep climbing as well?
Maybe the 20%+ exchange rate discount is a big factor as well?
Question is -- will combine purchase prices be lower this year than next year? On the plus side of things for a buyer -- lack of demand has certainly got to cut into dealer profit margins this year; but on the negative side of things if new combine prices are going to keep climbing, the used market prices might keep climbing as well?