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.
Estate and retirement auctions keep equipment on the move during the busiest month of the year
Auction volume is up 4.5% from late 2025, giving farmers a chance to update and right-size their equipment needs.
An Iowa auction features Ford and International tractors that bring top dollar along with “years of experience.”
Machinery Pete explains how record-high equipment ages and a pivot to used machinery are reshaping the market, proving that his father’s advice to keep your “head on a swivel” is more relevant than ever.
Machinery Pete is seeing equipment market trends he’s never seen before. Used values are rising as new sales fall. What’s behind the split, and is there any real chance manufacturers cut prices?
A sharp decline in new machinery sales is creating a supply vacuum for late-model iron. This shift is forcing producers to prioritize what equipment they update when and stretching life cycles of tractors to manage costs.
As late-model inventory thins and auction values defy historical trends, buyers are prioritizing a disciplined approach and documented maintenance.
A series of record-setting sales has Machinery Pete pointing to a new pattern.
A record-setting sale of an 18-year-old pre-DEF semi has Machinery Pete pointing to strong demand for used equipment, even as high prices and weak demand continue to weigh on the new farm machinery market.