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.
One item of particular interest on the first-ever Machinery Pete Auction is a 2003 John Deere 6420 with loader and only 156 actual original hours from C & B Operations, LLC in Mitchell, SD.
This John Deere 4430 sold for the second highest auction price ever.
Every corner of the used equipment market is on fire, so what should I to highlight? Let’s go big horsepower, as in 4WD and track tractors.
Here are five big lessons of the current used machinery market.
How hot is the market for good condition used tractors? Travel back with me to a July 8, 2021, farm retirement auction for Leon and Susan Hoffman in southwest Minnesota for your answer.
Machinery Pete Auctions will host monthly online, timed, no reserve, no buyer’s fee auctions, offering a new alternative for selling used farm equipment.
Used equipment values continued rising right through April 2021 after the second-biggest quarterly jump (7.8 to 8.5) ever on Machinery Pete “Used Values Index” Overall Index Rating.
This latest rise in used equipment values is, frankly, breathtaking.
Four other record auction prices were set at this sale.
In this current period, I am seeing very strong auction prices on a variety of equipment categories — from tractors in good condition to hay equipment.