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.
I’m here to report used values have actually continued to RISE.
Now the question is: “Machinery Pete, these prices can’t last, can they? Prices and values have to fall, right?”
This tractor is up for sale on March 19.
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.