Articles tagged under: Machinery Pete
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…Demand For Used Farm Equipment Strengthens
Published August 23, 2021
The price of good used farm equipment continues to skyrocket. Greg Peterson, known as Machinery Pete, says the used machinery market is hot. "The good condition, used equipment market is the hottest I've ever seen it. Historically, mid-to-late summer is…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…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…