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Greg Peterson

Greg Peterson, known as Machinery Pete, has built a network of 950 regional auctioneers, 600 ag lenders, 2,000 implement dealers and thousands of farmers throughout the U.S. and Canada. Since 1989, Machinery Pete has compiled more than 500,000 auction prices on used farm and construction equipment sold throughout North America. A widely sought-out speaker, Peterson regularly presents to farmer and investor audiences. He has more than 44,000 Facebook fans. In 2014, his YouTube videos tallied 6 million minutes. In 2015, Machinery Pete launched a dealer listings site with analytics and marketing services for equipment dealers. Peterson is the multimedia expert on used equipment values for Farm Journal Media, including print and broadcast. Going into its third season, Machinery Pete TV, a weekly 30-minute show, launched on RFD-TV in November 2013.

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.
Used equipment values have been on a rocket-ship ride during the past seven years.
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.