Machinery Pete has been touring auctions in Iowa lately, and he’s tracking trends.
In Marshalltown, Ia., he came across a John Deere 4955, seeing the highest auction price for that model in four years. At the same sale, Machinery Pete came across a John Deere 8200 that sold for the second highest auction price he’s seen in five years for that model.
These strong sales have some asking if this is a vote for pre-emissions tractors, which he said it is, especially if they have low hours and are in good condition.
Watch Machinery Pete every Monday on AgDay.