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 four pieces of gray-haired wisdom from the auction price guy.
The average auction price of many used machines is lower now than last year, and equipment values are projected to move higher in the years ahead. Find out why our experts think right now is as good a time as any to make your move.
A record-breaking 1968 Oliver 150T tractor is among a quartet of unique tractors that caught Machinery Pete’s attention over the last week. Next, he’s getting ready for multiple equipment auctions slated over the next 14 days.
Explore how older combines and tractors are commanding strong auction prices, why it pays to understand local farming practices, what’s going on with interest rates and what dealers can do to boost sales.
A pair of auctions resulted in a record-breaking, low-hour, used Case IH swather sale and strong returns on a trio of high-hour John Deere machines. Learn how the Machinery Pete Ratio can help you know when you should buy or walk away from the deal.
Learn marketing and social media strategies for building trust and driving attention and bids to your auction, and find out how farm size and farmer preference are driving used corn head buying and selling activity.
Pete highlights recent auction sales including a Bobcat skid steer and Kubota wheel loader, along with a handful of used John Deere machines that brought good returns. He also mentions an upcoming sale to keep your eye on.
Casey Seymour and Machinery Pete dig in and unpack the impact of online farm equipment auctions, supply and demand forces at play in the market right now and growing farmer interest in used sprayers and combines.
Machinery Pete takes a break from his machinery picks to honor a pair of used farm equipment auction pioneers who passed away recently, and a pair of late-model John Deere machines grab Pete’s attention.
Dealer inventories are still high, and farmers are waiting for better market conditions before they buy farm equipment. It’s creating the perfect conditions for more late-model, low-hour equipment heading to auction.