Machinery Pete is seeing equipment market trends he’s never seen before. Used values are rising as new sales fall. What’s ...

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 ...

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.

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 ...