Pete’s Pick of the Week
August auctions feature late-model John Deere equipment from Iowa to Illinois, including a 104-year-old farmer’s low-hour fleet.
Detailed service history helps 2,546-hour combine top $99,000 at Minnesota auction.
Grandson buys late grandfather’s John Deere 4450 for $44,000 as record-breaking New Holland sales highlight value of well-maintained equipment.
Penfield, Illinois auction delivers record sales while nearly-new 8R 370s fetch $385K at separate Missouri sale.
Recent sales show late-model combines and tractors attracting premium prices with limited options in the traditional five- to 12-year-old range.
Despite a weak farm economy, record and near-record auction sales continue as farmers compete for quality used equipment, a trend Machinery Pete says is unlike anything he’s seen in 36 years.
Machinery Pete reports a 12.7% price jump for John Deere 8R 370s as tightening supply drives renewed strength in the tractor sector.
From “for sale by owner” gems to retirement sales in Iowa, see the latest prices on used Kubota, John Deere and New Holland equipment.
Explore this week’s top picks, including a rare JCB Fastrac, and how high diesel prices are starting to soften machine sales.
As inventory thins, well-maintained used units are seeing double-digit price increases compared to last year.
New tractor sales across all segments are down 8.8% in the first three months of 2026, but auction data shows a growing 12.5% price increase for specific late-model used tractors.
Oklahoma students Clay Schafer and Jaxon Headle give a decades-old tractor a second chance at life.
Older tractors – from a 1958 John Deere 720 to a 1993 Case IH 7110 – also command strong prices.
A pair of John Deere tractors – a 6R 140 and 4960 – also set new benchmarks as buyers continue to pursue well-maintained equipment in the final week of March.
Estate and retirement auctions keep equipment on the move during the busiest month of the year
An Iowa auction features Ford and International tractors that bring top dollar along with “years of experience.”
Machinery Pete tracks record auction prices for Case IH and John Deere equipment, while a 1957 Caterpillar D9 dozer finds new life after sitting abandoned for 24 years.
From Kentucky to Iowa and north to Minnesota, the auction trail is especially hot for tractors as well as a special eight-row corn head, grinder mixers and a stalk chopper.
From the Kinzenbaw collection with more than 150 antique beauties to a late-model lineup in Canada and a couple dealer inventory reduction auctions, Machinery Pete says it will be a big week on the circuit.
Find out which used farm equipment sales made headlines as Pete’s Pick of the Week and get the latest auction market insights straight from from Machinery Pete, plus an upcoming auction with a big lot of used skid steers.
Hay and livestock producers are finishing up a solid year and specialized equipment like balers, loader tractors and feed trucks are seeing high dollar bids on the used farm equipment auction circuit.
Farmers are still put off by the high price of new, and the used equipment auction world is where they are heading in droves, whether its to find 10-plus-year-old bargains, good-condition, late-model machines or even rare, classic gems.
This week’s “Pete’s Pick of the Week” selections include a low-hour Massey Ferguson loader tractor and a pair of late-model John Deere machines that all brought strong value on the auction market.
Vintage farm equipment is a big draw on the auction circuit. Read about a pair of notable classic iron deals and an upcoming online auction packed with farm and construction machinery.
Good condition, used loader tractors continue to bring strong dollars on the used farm equipment auction circuit — and one Ohio auction-goer honored his great grandfather over the weekend.
Find out about two used machines that caught Pete’s eye on the auction circuit recently and learn why right now is historically the best time to be a buyer.
The 2006 2388 harvester came within striking distance of an all-time record that has stood since 2007, and Machinery Pete has two auctions you must pay attention to this week.