Machinery Pete: Auction Prices on Machinery from the 1970s

At an auction in northwest Nebraska, Machinery Pete found some interesting prices on some machinery from the 1970s. Among his finds? A 1978 John Deere 4840 powershift.

Machinery_Pete
Machinery_Pete
(AgDay)

At an auction in northwest Nebraska, Machinery Pete found some interesting prices on some machinery from the 1970s. Among his finds? A 1978 John Deere 4840 powershift.

Watch Machinery Pete every Monday on AgDay.

AgWeb-Logo crop
Related Stories
Strong demand for low-hour Bobcat skid steers and late-model John Deere tractors continues to drive robust results across the Midwest.
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.
Read Next
Diesel prices are just 20 cents from a record high, with multiple states already setting new records. Experts warn relief is uncertain as prices could remain elevated through 2026.
Get News Daily
Get Market Alerts
Get News & Markets App