“We probably won’t see, unless something crazy happens, the price of used equipment going down much more,” says Cory Nordhausen, AgDirect. For many farmers, the current machinery market feels anything ...

Recent used farm equipment auction activity shows a market gaining momentum and stability with harvest and the fall auction busy season just over the horizon. Machinery Pete witnessed that renewed ...

The price gap between new and used is widening, and farm auctions may be one factor behind the trend. According to several farm equipment dealers and manufacturers, auction values for used farm ...

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 ...

Auction prices for top-quality used farm machinery are reaching record highs as inventory tightens and new equipment sales remain sluggish. Examples include a 2009 Stinger 6500 bale wagon selling for ...

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 ...

After years of sluggish sales, the used farm equipment market is showing renewed energy heading into 2026. Strong auction results, tightening inventories, and shifting buyer priorities are pushing ...

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 ...