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Greg Peterson

Greg Peterson, the founder behind the Machinery Pete brand, has built an extensive industry network connecting 950 regional auctioneers, 600 ag lenders, 2,000 implement dealers, and thousands of farmers across the U.S. and Canada. Since 1989, the Machinery Pete platform has compiled a database of over 500,000 auction prices on used farm and construction equipment, expanding in 2015 to launch a dealer listings site featuring analytics and marketing services.

As an individual commentator, Peterson serves as Farm Journal Media’s multimedia expert on used equipment values across print and broadcast. A sought-after speaker for farmer and investor audiences, he hosts Machinery Pete TV—a weekly 30-minute show launched on RFD-TV in November 2013. Peterson’s personal audience engagement includes over 200,000 Facebook followers and 60,000 YouTube subscribers.

Latest Stories
The question often comes up, “What is the best way to expand your farming operation?” My answer is: Have two pairs of glasses.
It’s back to the old days. At least, that’s where it appears we are headed with machinery auctions.
Looking back at the planting category in the first half of 2014, there are divergent trends emerging based on equipment type, size and age.
Looking back at the planting category in the first half of 2014, there are divergent trends emerging based on equipment type, size and age.
And “twin sister” consecutive serial number Massey Ferguson tractors sell in Canada.
I’ve seen a lot of New Holland 256 hay rakes sell at auction in my day. To be exact, during the past 19 years, that number is 332.
I’ve come to expect that auction prices for used machinery will go up at the end of each year based on a trend that’s more than a decade strong.
This diesel lawn and garden tractor sold on Sept. 30.
These sold choice; the buyer took both.
I’ve seen some softer auction sale prices on used 4WD tractors sold at auction since June.