News
Today’s agriculture headlines and expert perspectives serving farmers, ranchers, crop consultants, livestock nutritionists and the entire U.S. ag community.
The spring rally in grain and soybean prices has resulted in some unexpected demand for farm machinery during a soft year for sales.
For years, Greg Peterson of Machinery Pete has said early November is the best time to sell, and he has proof with near-record high prices of used equipment sales.
Machinery Pete recaps the top stories about classic tractors from the past year.
Yes, I’m the guy who has been talking about auction prices for 26 years. But we all know the used farm equipment market is multifaceted.
This restored 1963 IHC 560 pulling tractor sold for the second highest auction price ever at a western Pennsylvania auction. Watch Machinery Pete’s video of it being sold.
See how mush this 2013 Krause Excelerator 8000 30' vertical tillage tool in like new condition sold for at a west-central Illinois auction.
Take a look back at some of Machinery Pete’s most memorable auction moments from 2014.
Machinery Pete sees plenty of classic iron on the auction trail, but these 10 collectibles from the past year stood out--and for good reason.
Here’s how an Illinois producer more than doubled his money with a small farm retirement auction after he couldn’t get any takers at his asking price, Machinery Pete reports.
In time for the holidays, Machinery Pete goes big with used John Deere planters sold at auction in December 2013.
Machinery Pete shares news of great prices out of a southeast Nebraska auction this past weekend.
What do I love most about compiling auction data on farm equipment for the past 25 years? The answer is easy: tomorrow.
Focusing on these factors and highlighting them when preparing to sell used farm equipment can help you get top resale value, Greg Peterson says.
Machinery Pete says a farm auction in the northwest part of the state resulted in some impressive winning bids this weekend.
The price of corn sagged in July. Did used farm equipment values follow suit? Well, yes and no.
The average auction price on the previous six sold was $41,083.
Machinery Pete answers the question, when is the best time of year to have an auction?
As the dog days of summer came to an end, tractor prices started to fall.
Anyone out there know where it is?
What do I love most about compiling auction data on farm equipment for the past 25 years? The answer is easy: tomorrow.
Used equipment values have been on a rocket-ship ride during the past seven years.
Machinery Pete attends an Iowa auction—the first sunny and warm auction day in the past 20 events he’s attended.
After a five-plus year extended run of exceedingly strong used values, auction prices began to fall in late spring, specifically on one- to four-year-old used four-wheel drive tractors.
Winter is the perfect time to brush up on your skills and get ready for the next crop year with one or more of these trainings offered by the Farm Journal family.
He’ll appear on tomorrow’s AgriTalk radio program to discuss current auction trends and surprising machinery prices. Also, he will post regularly to his Machinery Pete blog on AgWeb.
When Machinery Pete read the recap email from the auctioneer, he couldn’t believe the prices he saw.
2010 Case IH 7120 combine with 153 hours sold.
Despite the struggling farm economy, equipment values are standing their ground.
In Tractor Tales with Machinery Pete, after her family was impacted first-hand by breast cancer, one high-schooler decided to raise awareness. She did so by refurbishing a 1940s tractor and painting it pink.
In the spirit of Thanksgiving, Tractor Tales is all about family. The tractor was purchased brand new and modified so that one man could continue to do what he loves—farm.