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.
Check out used farm equipment listings on MachineryPete.com.
From “for sale by owner” gems to retirement sales in Iowa, see the latest prices on used Kubota, John Deere and New Holland equipment.
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.
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.