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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.