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As new equipment makes its way to the market, Machinery Pete is pulling out the crystal ball and looking ahead to auction prices in the distant future.

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.

March Madness is not only for basketball—it’s also the busiest time of the year for machinery auctions.

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.

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.