Demand for pre-def tractors is “still strong,” according to Machinery Pete - Greg Peterson, and there are some in the market that think farmers should maybe consider the potential to score attractive ...

The used combine market is a year ahead of the used high-horsepower tractor market in terms of adjusting used values. Back in December 2022, auction prices were still sizzling across the board on all ...

SPARTA — 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 lot of ...

Fancy new technology usually is the star at trade shows. But at the Farm Progress Show, the largest outdoor agriculture event in the U.S., used tractors are the big attraction. Farmers at the Boone, ...

ROCHESTER, Minn. ― Greg Peterson has been charting auction prices before they were accessible on the World Wide Web, and he's never seen anything like this. Due to a surge in online auction ...

Depressed auction prices have triggered a ripple effect throughout the market as used machinery prices stagnate and trade-in values decline.

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 ...