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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
This porcelain neon milk glass hood sign sold for $108,000 on Aug. 26 Dave Anton collector auction in Greenville, SC.
In the past year, 85 grain trailers have sold for more than $40,000 at auction. In 2018, only six sold that high. Why would buyers pay such high prices? They want machinery — now.
This 2010 John Deere 9330 4WD with only 415 hours sold on Sept. 5 at a consignment auction in Dexter, MN
This 2021 Massey Ferguson 8735S with 190 hours sold on Nov. 9 at a Newton, KS sale for the highest price ever on this model
This truck sold on a Georgia consignment auction
An amazing trend with used farm equipment has been unleashed here in 2018. An absolute ocean of super low-hour used farm equipment has hit the auction block—the most I’ve seen in my almost 29 years of tracking auction price data.
What happened with used farm equipment values in 2017?
This tractor sold at a farm auction on Tuesday.
This 1976 J.I. Case 1570 “Spirit of 76" from Indiana sold on a Bigiron.com online auction