In 1973 I wasn’t compiling auction sale price data — I was 7 years old, but I do recall folks talking about trying to buy a new tractor back then. You literally had to take a number and get in line to ...

Greg "Machinery Pete" Peterson said auction sales of late model used large farm equipment have soared while prices have plummeted. He talked about the state of the industry at the Big Iron Farm Show.

SPARTA, Ill. — Greg Peterson, the used farm equipment guru known as Machinery Pete, has a simple answer when asked about the meteoric rise in market values in recent years. There just hasn’t been a ...

Each quarter, Machinery Pete publishes its Used Values Index to give top analysis and reporting on the used machinery market. In its 1st Quarter 2021 index, Machinery Pete founder Greg Peterson said ...

Used farm-equipment values in the U.S. and Canada gained in the fourth quarter as farmers paid more for tractors, planters and combines amid tight supplies, according to a Machinery Pete report. The ...