Machinery
Some of their batteries lose power over a month or two; others go dead in less than a week.
Many people ignore tires as long as they aren’t flat. Here are some facts to help tires stay round.
I’m not pimping for this company, but after years of searching, this looks like a tool I’ve wanted for years.
Check out this pair of tractors that sold on Dec. 3 in Missouri.
There are dozens of fuel additives on the market designed to prevent or reduce gelling of diesel fuel in cold weather. The problem is there are no mandatory standards for testing the performance of anti-gel additives.
Based on technology of last resort, we can look back from the Zip-tie Age, Duct Tape Age and Tarp Strap Age to one of the longest, the Baling Wire Age.
While sectors such as housing and automobiles have seen a drop in demand, we’ve not seen the same in the farm equipment market (new or used).
Supply chain hiccups, part shortages and shipping delays seem to be more common than not in 2022. However, as you’ll see, that won’t last forever.
Are used equipment prices showing any signs of cooling off? Greg Peterson, founder of Machinery Pete, says: No way.
Is it really necessary to add a fuel stabilizer like STA-BIL to the fuel tanks of gasoline-powered engines that won’t be used over the winter?
Click through for video of this tractor selling.
We now have the hottest used farm equipment market I’ve ever seen, and a Nov. 6 auction in Maryland is the hottest auction I’ve seen in my 32 years of tracking prices.
This tractor reached a new high record price--surpassing the auction prices of the past 9 years.
As I look to the future of the farm equipment market, I find myself looking back to draw on lessons I’ve learned in the past decades.
This fall and winter, I was frequently asked, “Pete, when is the other shoe going to drop?” This is a good question, as the used farm equipment market was on fire.
This 2005 John Deere 7420 with 2619 hours and new 741 loader from Nebraska was listed For Sale By Owner last week on MachineryPete.com
This 1979 John Deere 4440 with 4533 hours and 1981 John Deere 8440 with 5625 hours sold for strong prices on a 1/28/22 farm auction
I’m here to report used values have actually continued to RISE.
Now the question is: “Machinery Pete, these prices can’t last, can they? Prices and values have to fall, right?”
This tractor is up for sale on March 19.
After we saw so many new records set for machinery prices in 2021, I began to sense a collective response across the ag space as the calendar slid into 2022.
Inflation+. No, that is not a sad new streaming service to rival Disney+, but it could well have been the name of my Machinery Pete blog in the past 15 months.
This tractor sold for a new record price by $65,000.
A 40' drill sold in Kansas for $103,000.
This tractor shattered the former record price of $38,500 from 3 years ago.
Used combine values continue to remain in Machinery Pete’s “red hot” category this summer.
A pair of good used tillage items sold hot on a July 21, 2022 online farm auction in Delta, IA.
The sheer volume of high-to-record auction prices for used equipment in good condition has been nothing short of amazing.
Check out how this tractor sold on Oct. 1 in Nebraska
I’ve seen the same trend for the past 10 months with used mid- to high-horsepower tractors, combines and planters. Now, the trend is in self-propelled sprayers.