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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
What do I love most about compiling auction data on farm equipment for the past 25 years? The answer is easy: tomorrow.
Machinery Pete says a farm auction in the northwest part of the state resulted in some impressive winning bids this weekend.
The price of corn sagged in July. Did used farm equipment values follow suit? Well, yes and no.
The average auction price on the previous six sold was $41,083.
Machinery Pete answers the question, when is the best time of year to have an auction?
As the dog days of summer came to an end, tractor prices started to fall.
Anyone out there know where it is?
What do I love most about compiling auction data on farm equipment for the past 25 years? The answer is easy: tomorrow.
After a five-plus year extended run of exceedingly strong used values, auction prices began to fall in late spring, specifically on one- to four-year-old used four-wheel drive tractors.
Used equipment values have been on a rocket-ship ride during the past seven years.