20/20 vision is great. The calendar year 2020 — not so great. In fact, it’s been awful. Yet it’s been amazing to watch what’s been happening in the used farm equipment market. COVID-19 shut down live ...

“We probably won’t see, unless something crazy happens, the price of used equipment going down much more,” says Cory Nordhausen, AgDirect. For many farmers, the current machinery market feels anything ...

The price gap between new and used is widening, and farm auctions may be one factor behind the trend. According to several farm equipment dealers and manufacturers, auction values for used farm ...

People are venturing out into a mostly normal world again as the COVID-19 pandemic eases. But the reverberations of the shutdown are still showing up—and in some relatively unexpected places. Just as ...

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 ...

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 ...

Market analysts see signs of movement as farmers face tough choices between costly repairs and replacement purchases.

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 ...

Seven factors which influence the decision to sell or exchange used farm machinery are identified and a procedure to determine the more profitable alternative is presented. An example based upon the ...

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 ...