Tuesday, May 9, 2017

Equipment Appraising in Kentucky

I always have a good time when Derek and I get a chance to mix a little fun with work.  Today, we stopped by the CAT dealer in Elizabethtown, KY to ask a few questions about appraising mining and agricultural equipment.  Let's be honest, a 10 year old boy may be quiet while your in the office, but his mind is out in the yard on the tractors!  I was no different as a kid.

According to data provided by Thompson Research Group, AG prices are expected to be flat for the next six months, while mining is expected to be down.  In my opinion, these projections are due to the demand in each industry.  The cattle and grain markets are both down right now, and mining has yet to ramp up in spite of the political landscape in the U.S.  These markets support the Thompson Research Group's data.  Only time will tell.

While there is optimism for machinery and equipment values, at the end of the day if you are in need of a machinery & equipment appraisal, feel free to give us a call, and put one of our experienced CMEAs to work for you.  You'd be glad you did!

Call Us Today! 717-475-4263