With farmers feeling the squeeze from low commodity prices and inflation, and now there’s a trade war that is looking like it is going to drive new equipment prices up even higher for the foreseeable ...

Demand for pre-def tractors is “still strong,” according to Machinery Pete - Greg Peterson, and there are some in the market that think farmers should maybe consider the potential to score attractive ...

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 ...

Inventory for used machinery has gone up in the last year and prices for new machinery should remain to be stable in 2024. After a run of high prices and low availability, the market for both used and ...

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 ...

Fancy new technology usually is the star at trade shows. But at the Farm Progress Show, the largest outdoor agriculture event in the U.S., used tractors are the big attraction. Farmers at the Boone, ...

Shane Reagan had one word to describe how he felt after spending $255,000 for a used Case IH quad-track tractor at a farm auction near Williams in north central Iowa: Broke. But he also felt pretty ...

After a strong harvest and commodity price jumps, many farmers are buying equipment to lower their tax burdens. But increased demand and soaring prices make it harder for young farmers to thrive. Farm ...

Buying used farm equipment online is convenient and the vast majority of sales involving agricultural machinery and vehicles will be genuine. However, the trade does have a dark underbelly. While most ...

SPARTA, Ill. — 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 ...