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.
Machinery Pete makes a trio of John Deere tractors his weekly Pete’s Pick of the Week. He also shares advice for farming’s next generation and information on an upcoming auction.
Machinery Pete continues to see higher than average farm equipment resale prices, and he has an idea why that is.
An International Harvester 856 diesel tractor, a Peterbilt 389 Glider kit day cab semi and a collection of John Deere 55 series tractors are just a few pieces of equipment that have caught Machinery Pete’s eye lately.
This week Machinery Pete – Greg Peterson – takes a deep dive into used equipment auction data and what it might mean to the dealer network, and an auction up North nearly sets a price record on a two-decade old tractor.
Greg Peterson – Machinery Pete – talks his weekly Pete’s Pick of the Week and other used equipment market news during his weekly AgriTalk appearance with host Chip Flory.
A recent farm equipment auction in Iowa set a new highwater mark for used John Deere 55 Series tractors.
Machinery Pete predicts descriptions of used equipment won’t be enough to create buyer trust in the near future.
When comparing 2023 to 2022, the average auction price for a John Deere S780 combine dropped $54,977, or 15.8%. How low will that number go?
For example, at Lawrence Crom’s retirement auction, his like-new 2021 Case IH Maxxum 150 tractor sold for $133,000, plus a $1,250 online buyer fee. That’s a new record-high auction price on that model.
Machinery Pete shares a unique combine recently listed for sale and what it means for your farm’s equipment plan going forward.