Midwest (U.S.)

Farmers are still put off by the high price of new, and the used equipment auction world is where they are heading in droves, whether its to find 10-plus-year-old bargains, good-condition, late-model machines or even rare, classic gems.

This week’s “Pete’s Pick of the Week” selections include a low-hour Massey Ferguson loader tractor and a pair of late-model John Deere machines that all brought strong value on the auction market.

Vintage farm equipment is a big draw on the auction circuit. Read about a pair of notable classic iron deals and an upcoming online auction packed with farm and construction machinery.

Good condition, used loader tractors continue to bring strong dollars on the used farm equipment auction circuit — and one Ohio auction-goer honored his great grandfather over the weekend.

Casey Seymour and Greg “Machinery Pete” Peterson dig deep into what it takes to move equipment in today’s volatile market, plus a candid look at economic headwinds — Fed policy, interest rates, tariffs, and commodities — and how they’re steering buyer decisions and seller strategies.

In a statement issued to Farm Journal, John Deere says fewer machinery orders from farmers are coming in, so more layoffs are slated to hit factory workers in Des Moines and Waterloo.

The challenge of harvesting high moisture and high disease pressure corn is not one that all farmers have faced in their lifetimes. Here’s some quick pointers to keep in mind as you tackle a tough crop to harvest and store.

The farm equipment auction busy season is here and Greg “Machinery Pete” Peterson has a pair of machines that sold last week that show used machinery values are strong and farmers are buying pre-DEF, well-maintained equipment.

Follow these time-tested, expert recommendations this fall and winter to ensure you don’t overpay or get stuck with a machine with low resale value.