Auction
There are more good conditioned, late-model machines on dealer lots and in the auction circuit right now than at any other time in recent memory. Find out which machines you should target this winter with your year-end spend.
Hear what’s working for four farmer-buyers with experience finding used machinery in good condition for their operations.
Good condition, used loader tractors continue to bring strong dollars on the used farm equipment auction circuit — and one Ohio auction-goer honored his great grandfather over the weekend.
Casey Seymour and Greg “Machinery Pete” Peterson dig deep into what it takes to move equipment in today’s volatile market, plus a candid look at economic headwinds — Fed policy, interest rates, tariffs, and commodities — and how they’re steering buyer decisions and seller strategies.
One of the online auction market’s pioneering trailblazers shares some pointers for both buyers and sellers.
The farm equipment auction busy season is here and Greg “Machinery Pete” Peterson has a pair of machines that sold last week that show used machinery values are strong and farmers are buying pre-DEF, well-maintained equipment.
Auction barn license fees would increase nearly 1,700% as state ag department cites program deficits.
Follow these time-tested, expert recommendations this fall and winter to ensure you don’t overpay or get stuck with a machine with low resale value.
This week’s Machinery Pete “Pete’s Pick of the Week” is a nearly 40-year-old John Deere tractor beloved by farmers for decades now, and Pete gets you ready for an active week on the used farm equipment auction circuit.
An upward price correction could be coming soon and learn which farm equipment specs and features help maintain used machinery resale values.
Find out about two used machines that caught Pete’s eye on the auction circuit recently and learn why right now is historically the best time to be a buyer.
With interest rates and expenses high and commodity prices still low, marketing and social media promotion is necessary to pull every last dollar of revenue out of good conditioned, used machines on the auction circuit.
A recent nationwide used equipment scam resulted in nearly a quarter million dollars being lost to online scammers for farm machinery that was never delivered to buyers in seven states. Find out how you can stay safe when buying equipment online.
Farmer buying behavior on new versus used machinery is often influenced by two factors: interest rates and the supply of viable, reasonably-priced upgrade options.
The farm equipment auction world is seeing a wave of farmer interest in hay tools, loader tractors, lower-cost machines and specialty niche equipment, like sugar beet harvesters and hay bale steamers.
The 2006 2388 harvester came within striking distance of an all-time record that has stood since 2007, and Machinery Pete has two auctions you must pay attention to this week.
Low-hour, like-new tractors, combines and even skid steers are drawing solid bidding activity, and the guys preview fall auction season and offer their best advice to get your auction in front of the right buyers.
With 259 farm bankruptcies filed between April 2024 and March 2025, it’s clear the financial stress on farms is only growing more severe this year. But there’s been another troubling trend happening in the midst of the downturn.
A pair of 1980s-era John Deere 4440 tractors are prime examples that well-conditioned, pre-DEF used farm equipment continues to hold strong value on the used auction market.
According to Machinery Pete, the price of used high-horsepower tractors fell between 18% and 23% from 2023/24 levels, while regional auctions report used equipment values fell by as much as 40%. So far in 2025, used equipment values found footing, a trend on the verge of reversing due to growing strains in the farm economy.
A used equipment market that was very buyer friendly of late is starting to swing back toward the dealer side of things, and used, late-model combines continue to draw strong farmer interest and dollars at auction.
This week’s “Pete’s Pick of the Week” is a gently-used 1985 John Deere 6620 with a pickup head for $21,500.
Get ready for a wave of farm retirement and estate auctions by finding out which farm machines are trending higher in value and which machines might be finding that price sweet spot for fall bargain hunting season.
Find out about this week’s Pete’s Pick of the Week: a 2008 John Deere mid-horsepower tractor that sold for the fourth-highest price all-time at auction, as older equipment continues to be in high demand.
Hear how recent auction results show a used farm equipment market ready to shake off the shackles from two years of depressed farm economics and ride a big, beautiful wave of momentum into fall harvest.
Find out why two 6M Series tractors and a unique “discbine” implement from Ohio caught Greg “Machinery Pete” Peterson’s attention over the weekend.
Used skid steers, wheel loaders and excavating equipment are starting to draw strong bids as farmers build out fleets, and learn how one startup auction company is making inroads into the overseas export market.
Learn about three used machines — two tractors and a telehandler — that sold for significant prices on the used auction circuit last week, and get the early read on a pair of jam-packed equipment auctions this week.
Take a break from the used equipment auction shop talk and go on a fun journey with our hosts on this special midyear edition of the Moving Iron podcast.
Get your fill of used equipment deals for the holiday week ahead with a pair of pre-DEF John Deere machines, a 40-plus-year-old Case IH tractor and a collectors item that would look good in anyone’s machine shed.