Auction prices for used agricultural equipment have been strong over the past decade, says Greg Peterson, known to many as Machinery Pete. He spoke Wednesday about trends in used equipment during an Implement & Tractor seminar at the 2013 National Farm Machinery Show.

Values rose significantly in late 2007 along with high commodity prices and have remained strong since. 

Watch Machinery Pete’s overview of used equipment pricing trends in the video below:
 

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See Farm Journal Media's full coverage of the 2013 National Farm Machinery Show.

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