A deep dive into the 2025 farm equipment market. Luke Stamp of DPA walks us through how this year compares to 2024, who’s buying and selling, what is flying off the lots, what’s sitting, and what he expects for winter 2026. If you buy, sell, or depend on used farm machinery, this episode is required listening.
In this timely market update, DPA’s Luke Stamp joins Farm4Profit to break down the state of the farm equipment marketplace as we move through Fall 2025. Luke opens with a direct comparison to this time last year — sales volume, auction activity, and market strength — then drills into the big-picture factors shaping demand: bankruptcies and liquidations, dealership consolidation, macroeconomic drivers (interest rates and finance availability), and geopolitical influences like trade with China and global instability.
Key topics covered:
• Year-over-Year Market Snapshot — Did 2025 see more or fewer sales than 2024? Luke shares DPA’s internal data, highlights where activity has increased or slowed, and explains the seasonal rhythms buyers and sellers should expect.
• Who’s Selling & Who’s Buying — From operators and custom harvesters to dealerships, auction consignors, and investors — Luke outlines the typical seller and buyer profiles this year and how those groups have shifted.
• Dealership Consolidation — Are dealers consolidating inventory and market share? We discuss trends in dealer-to-dealer buying, trade-in flows, and how consolidation changes local market dynamics.
• Macro & Policy Influences — How (and whether) Farm Bill chatter, China relations, and the war in Ukraine filter into equipment pricing and buyer confidence. Luke explains which global headlines actually move markets and which mostly create noise.
• New Equipment vs. Used Market — What’s happening with new equipment demand, lead times, and ordering? Then, how that reverberates into the used market — which models are sought-after and which are being traded in.
• Hot Items & Laggards — Specific categories Luke sees strong demand for (e.g., certain sprayer platforms, high-horsepower tractors, specific planter or tillage technology) and what’s not moving (older, high-hours, or hard-to-service models). We call out examples like quad-tracks, JD 1000-series, specialty harvest equipment, and where buyer interest is concentrated.
• Seller Best Practices — When sellers do well, it’s rarely luck. Luke shares tactics that set successful sales apart: timing, pre-sale preparation, clear maintenance records, realistic reserves, and effective marketing.
• Advice for Buyers — Luke flips the script with actionable tips: where to find best deals, when to act, and how to evaluate lots to avoid costly surprises.
• Winter 2026 Outlook & Predictions — Closing with a forward look, Luke gives his educated read on what the winter market may bring, including expected demand shifts, pricing pressure zones, and what listeners should track between now and spring.