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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.