It’s a question I’ve been asked for 30 years. Back in the early 2000s, pre-internet, we’d stand and watch a sharp, used tractor or combine sell for $200,000. We’d say, “Can these prices go any higher?

After discussing used combine prices in last week’s AgriTalk segment, Machinery Pete dove deeper into what may be a troubling trendline during his weekly appearance on AgriTalk with host Chip Flory.

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 ...

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.

If you know farming, you know Machinery Pete. For the (very) few not familiar, Machinery Pete ( MachineryPete.com) is the fastest growing and largest marketplace for used farm equipment, offering an ...

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 ...

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 ...

DEKALB, Illinois (Reuters) - Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines. To cope with the surplus, dealers are discounting machines, ...

LINCOLN, Neb., Sept. 5, 2024 /PRNewswire/ -- The newest Sandhills Global market reports show continued declines in auction and asking values for used farm equipment in Sandhills' U.S. marketplaces.

PALMYRA, Mo. -- A farm equipment auction Tuesday morning near Palmyra attracted bidders from five states along with a crew from a farm-related TV show and internet site. It was all part of the annual ...

Do you have a small tractor, seeder or baler collecting dust beside your barn? It could be put to good use helping farmers overseas. That's the message of Tractors for Peace, a nonprofit seeking small ...