Farm equipment appraisal: two things that set the value

41 seconds  ·  published October 2, 2026  ·  Jared Lukes, CMEA

Two things set what farm equipment is worth: the purpose of the appraisal, which sets the premise of value, and the season the market is in.

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Transcript

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Estate, sale, or next season's note? Three things decide what farm equipment is worth.

One. The purpose sets the number. An estate, a loan, and an auction ask different questions of the same tractor.

Two. The market has seasons. A real value reads demand, not just the book.

Lukes and Lukes. Independent farm equipment appraisals, nationwide. lukesappraisals.com.

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