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SPRAYER PRICING, AVAILABILITY BACK TO NORMAL

Successful Farming

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May - June 2024

Upgrade options improve older equipment's appeal.

- Karen Jones

SPRAYER PRICING, AVAILABILITY BACK TO NORMAL

Sprayers, like planters, have myriad upgrade and retrofit options available, keeping their used-unit market relatively flat. Prices and availability haven’t wildly fluctuated in recent years, as they have for tractors or combines.

“Sprayers seem to be one piece of machinery that never has had the opportunity to be oversold,” says Moving Iron podcast host Casey Seymour. “Not because they aren’t available; people just aren’t looking to add an extra sprayer. It’s more of a ‘one in, one out’ market that seems to be on about a three-year trade cycle.”

Seymour has tracked equipment sales with data from TractorHouse since 2014. He notes that in February 2024, there were 3,156 sprayers on the market, close to the February 2021 inventory of 3,385. Numbers dropped in 2022 and 2023, to 2,109 and 1,391, respectively. But the dip wasn’t as large as in other segments.

Recent Sale Data

For self-propelled sprayers with 120-foot booms for the model year 2020 and newer, tractorhouse.com listed 100 completed auctions within the past year. The high price was a 2022 John Deere 410R in Wisconsin that sold for $458,000; it had fewer than 200 hours, and four remaining years of extended warranty. The low was a Rogator 2020 RGI300C in Iowa, with more than 3,000 hours, which brought $106,000. The average price was $265,430.

Seymour notes that the used sprayer market is fairly evenly distributed among units up to 4,000 hours, meaning machines are available at multiple price points.

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