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Canada the new hot spot to buy farm equipment due to currency imploding?
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mennoboy
Posted 1/17/2016 18:53 (#5043222 - in reply to #5043069)
Subject: RE: Canada the new hot spot to buy farm equipment due to currency imploding?


Rivers, MB
Noticed a lot of US buyers buying at fall auctions online Ritchie Bros auctions.

Hearing lots of pickup trucks moving South.

New equipment prices with the exchanges have gone crazy with the exchange.

Our grain prices have stayed fairly strong because of the exchange so used machinery prices were much stronger the last yr than what was happening in the US. So part of your currency advantage is used up in the relatively higher prices.

Still probably a buying advantage right now.
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