Articles tagged under: Greg Peterson

Used Equipment Market Not Slowing Down

Published December 22, 2022

Machinery Pete founder Greg Peterson has been tracking the used equipment market for 33 years. "I've never seen anything close to this, the market has just been on fire since late 2020." Used machinery values increased every month of 2022.…
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Used Farm Equipment Values Rocket Higher

Published July 6, 2022

'Machinery Pete' Greg Peterson says supply chain issues and the lack of available new machinery continues to keep used equipment prices moving higher. "I've never seen anything like in the 32 and-a-half years I've been tracking auction prices. It went…
Latest NewsAg Business

Used Machinery Prices Get a Boost

Published April 19, 2021

Prices for good condition used farm machinery have skyrocketed. Machinery Pete owner Greg Peterson says the lack of availability due to COVID is wreaking havoc on availability. "One year ago, if you were a farm equipment manufacturer, you were forecasting…
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Prices Steady for Used Farm Machinery

Published January 3, 2020

The price of late model used machinery continue to remain firm at farm auctions. Machinery Pete owner Greg Peterson says while the number of auctions is increasing, the number of retirement auctions exceeds forced sales. "Despite the difficult times, farmers…
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