Auction
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.