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.
After we saw so many new records set for machinery prices in 2021, I began to sense a collective response across the ag space as the calendar slid into 2022.
Inflation+. No, that is not a sad new streaming service to rival Disney+, but it could well have been the name of my Machinery Pete blog in the past 15 months.
This tractor sold for a new record price by $65,000.
Used combine values continue to remain in Machinery Pete’s “red hot” category this summer.
A pair of good used tillage items sold hot on a July 21, 2022 online farm auction in Delta, IA.
The sheer volume of high-to-record auction prices for used equipment in good condition has been nothing short of amazing.
I’ve seen the same trend for the past 10 months with used mid- to high-horsepower tractors, combines and planters. Now, the trend is in self-propelled sprayers.
This porcelain neon milk glass hood sign sold for $108,000 on Aug. 26 Dave Anton collector auction in Greenville, SC.
In the past year, 85 grain trailers have sold for more than $40,000 at auction. In 2018, only six sold that high. Why would buyers pay such high prices? They want machinery — now.
This 2010 John Deere 9330 4WD with only 415 hours sold on Sept. 5 at a consignment auction in Dexter, MN