Bruce MacDonald<p>"List prices for tractors rose 50% to 60% from 2017 to 2023, according to the University of Illinois Extension. The price of new cars and trucks rose 22% over that period, as measured in the Consumer Price Index.</p><p>"Keep in mind that a common field tractor can cost around $500,000, 10 times more than the average sales price of a car or light truck. So larger proportional increases are hitting vehicles that already had large price tags."<br><a href="https://www.startribune.com/ramstad-think-car-and-trucks-have-gotten-expensive-take-a-look-at-tractors/601392599?utm_source=gift" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">startribune.com/ramstad-think-</span><span class="invisible">car-and-trucks-have-gotten-expensive-take-a-look-at-tractors/601392599?utm_source=gift</span></a></p><p><a href="https://hachyderm.io/tags/tractors" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tractors</span></a> <a href="https://hachyderm.io/tags/FarmEconomy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FarmEconomy</span></a> <a href="https://hachyderm.io/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://hachyderm.io/tags/prices" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>prices</span></a></p>