AgWeb

New Year, New Rules of Used Iron: Scarcity and the Rise of the Practical Machine

As late-model inventory thins and auction values defy historical trends, buyers are prioritizing a disciplined approach and ...
AgWeb

Machinery Pete: I’ve Never Seen This Trend Before

I’ll leave you with one last Machinery Pete thought to chew on hard. This extended dearth of new equipment sales the past 18 ...
AG Week

Founder of Machinery Pete read the tea leaves for 'unbelievable' farm auction industry

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 ...
Post-Bulletin

30 years later, Machinery Pete still the most trusted name in farm equipment

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 ...
AG Week

Machinery Pete says equipment industry is 'in major flux'

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.