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.

Here are a few of the hottest spots I’ve seen in the used machinery market.
Farm Journal Field Days was designed to arm you in just the ways Peterson describes, featuring ag leaders of all kinds and topics ranging from crisis management and turn around tips to weather trends.
As we close out 2019, I want to share some interesting numbers from my daily study of used farm equipment values.
There’s an amazing “story” on this 1990 JD 4955 2WD with only 958 hours on it.
Keep an eye on 1-to-3-year-old machines still under warranty and slightly older tractors.
On a Dec. 12, 2019, online dealer auction in central Minnesota, Machinery Pete saw a combine sell for the highest auction price — ever.
When times are tough, buyer attention shifts to high-quality used machinery.
There is real value in looking to buy a 4-to-8-year-old used tractor—or combine, or any piece of farm equipment.
“Seems like 20 years ago we could afford a new combine.” This was a comment recently shared by a Top Producer reader. I thought I’d take a stab at addressing the topic.
Used tractor values remained strong right through the end of 2018.
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