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Episode 76 of 81

Livestock marts and farm machinery market update

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station description Join Farmers Guardian Editor Ben Briggs, and Head of News and Business Olivia Midgl... read more
Over The Farm Gate
Duration: 29:29
This week on Over The Farm Gate we’re talking livestock and machinery - from market analysis to meeting the industry’s machinery demand.

In livestock the last couple of months have been fantastic for livestock auctions. Regulations have slowly eased allowing buyers and sellers more access on sale d
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This week on Over The Farm Gate we’re talking livestock and machinery - from market analysis to meeting the industry’s machinery demand.

In livestock the last couple of months have been fantastic for livestock auctions. Regulations have slowly eased allowing buyers and sellers more access on sale days, which has helped prime prices for both cattle and sheep to remain high.



In machinery, shortages and delays in the markets for new machinery have been boosting demand and restricting supply for second-hand machines.



Last week, it was reported JCB has sold out of many machines for the next 12 months, with other manufacturers, including John Deere, warning inflation and supply chain issues as a threat to profitability, despite soaring demand, and farmers are now looking towards the second-hand market.



Farmers Guardian, business reporter Alex Black speaks to three young auctioneers about the current market trends and what the future holds for auctions marts. She is later joined by Oliver Godfrey from Cheffins to discuss the changes in the farm machinery second hand market.



Links:



Find out more about latest auction mart trends: https://www.fginsight.com/news/news/view-from-the-rostrum-auction-marts-bounce-back-122212





Find out more about the second hand machinery market: https://www.fginsight.com/news/news/good-trade-for-second-hand-machines-122413

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