Auction
Explore this week’s top picks, including a rare JCB Fastrac, and how high diesel prices are starting to soften machine sales.
Strong demand for low-hour Bobcat skid steers and late-model John Deere tractors continues to drive robust results across the Midwest.
As inventory thins, well-maintained used units are seeing double-digit price increases compared to last year.
New tractor sales across all segments are down 8.8% in the first three months of 2026, but auction data shows a growing 12.5% price increase for specific late-model used tractors.
Oklahoma students Clay Schafer and Jaxon Headle give a decades-old tractor a second chance at life.
From pre-DEF tractors to high-hour modern combines, buyers are paying a premium for well-maintained machinery.
Older tractors – from a 1958 John Deere 720 to a 1993 Case IH 7110 – also command strong prices.
A pair of John Deere tractors – a 6R 140 and 4960 – also set new benchmarks as buyers continue to pursue well-maintained equipment in the final week of March.
With record-shattering sales for older models and a scarcity of late-model units, buyer behavior and inventory continue to shift.
Estate and retirement auctions keep equipment on the move during the busiest month of the year
Auction volume is up 4.5% from late 2025, giving farmers a chance to update and right-size their equipment needs.
The deal looks to expand tools and resources for farmers buying and selling equipment, while keeping BigIron’s leadership and standalone brand intact.
Machinery Pete is seeing equipment market trends he’s never seen before. Used values are rising as new sales fall. What’s behind the split, and is there any real chance manufacturers cut prices?
A sharp decline in new machinery sales is creating a supply vacuum for late-model iron. This shift is forcing producers to prioritize what equipment they update when and stretching life cycles of tractors to manage costs.
As late-model inventory thins and auction values defy historical trends, buyers are prioritizing a disciplined approach and documented maintenance.
A series of record-setting sales has Machinery Pete pointing to a new pattern.
From Kentucky to Iowa and north to Minnesota, the auction trail is especially hot for tractors as well as a special eight-row corn head, grinder mixers and a stalk chopper.
From the Kinzenbaw collection with more than 150 antique beauties to a late-model lineup in Canada and a couple dealer inventory reduction auctions, Machinery Pete says it will be a big week on the circuit.
Find out which used farm equipment sales made headlines as Pete’s Pick of the Week and get the latest auction market insights straight from from Machinery Pete, plus an upcoming auction with a big lot of used skid steers.
Find out why farmer-buyers and equipment dealers are well positioned heading into the New Year and why hay tool equipment is setting records and driving buying behavior.
Hay and livestock producers are finishing up a solid year and specialized equipment like balers, loader tractors and feed trucks are seeing high dollar bids on the used farm equipment auction circuit.
The coming months of November and December will be marked by an uptick in the number of used farm equipment auctions across the country. It seems counter-intuitive, but it could be the last chance to get a good deal on a gently used tractor or combine.
Farmers are still put off by the high price of new, and the used equipment auction world is where they are heading in droves, whether its to find 10-plus-year-old bargains, good-condition, late-model machines or even rare, classic gems.
Find out how the busy farm equipment auction season is shaping up so far and why you can expect an uptick in multi-dealer and farm retirement auctions before 2025 comes to a close.
Here’s the auction expert’s advice on eveything from keeping emotions in check to buying extended warranties.
This week’s “Pete’s Pick of the Week” selections include a low-hour Massey Ferguson loader tractor and a pair of late-model John Deere machines that all brought strong value on the auction market.
Vintage farm equipment is a big draw on the auction circuit. Read about a pair of notable classic iron deals and an upcoming online auction packed with farm and construction machinery.