Machinery Pete - Equipment Auction News
Get the latest farm equipment news, auction trends auction results from Machinery Pete on AgWeb, including Pete’s Pick of the Week.
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Record prices for older, low-hour tractors highlight strong demand as farmers look for alternatives to the price tag of new machinery.
A 2013 Kubota M135GX, 2013 Bobcat S590 and a John Deere 4840 find new highs on the auction trail.
Trucks headline a diverse Iowa estate auction that also featured a 1981 IH 3288 that sold for $36,000.
August auctions feature late-model John Deere equipment from Iowa to Illinois, including a 104-year-old farmer’s low-hour fleet.
Detailed service history helps 2,546-hour combine top $99,000 at Minnesota auction.
Machinery Pete warns farmers to act now before any increase in corn prices triggers a repeat of 2022’s all-time high auction prices.
Grandson buys late grandfather’s John Deere 4450 for $44,000 as record-breaking New Holland sales highlight value of well-maintained equipment.
Penfield, Illinois auction delivers record sales while nearly-new 8R 370s fetch $385K at separate Missouri sale.