Have We Found a Bottom in the Used Equipment Market?

At the Dekalb Asgrow booth at Commodity Classic, Tyne Morgan of U.S. Farm Report hosted Machinery Pete’s Greg Peterson for a roundtable discussion of machinery prices and values.

Used Machinery Auction
Used Machinery Auction
(Machinery Pete)

At the Dekalb Asgrow booth at Commodity Classic, Tyne Morgan of U.S. Farm Report hosted Machinery Pete’s Greg Peterson for a roundtable discussion of machinery prices and values.

In this used equipment market, Machinery Pete has said it’s finding a floor. Sales have been holding up, so Morgan asked Greg Peterson of Machinery Pete if that bottom is in.

Watch the video above.

AgWeb-Logo crop
Related Stories
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.
Read Next
The change implements provisions in the One Big Beautiful Bill Act and updates long-standing Farm Service Agency rules that had capped many entity-based operations at a single payment limit.
Get News Daily
Get Market Alerts
Get News & Markets App