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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
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