It’s a question I’ve been asked for 30 years. Back in the early 2000s, pre-internet, we’d stand and watch a sharp, used tractor or combine sell for $200,000. We’d say, “Can these prices go any higher?

After discussing used combine prices in last week’s AgriTalk segment, Machinery Pete dove deeper into what may be a troubling trendline during his weekly appearance on AgriTalk with host Chip Flory.

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.

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, 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 ...

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 ...

DEKALB, Illinois, May 9 (Reuters) - Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines. To cope with the surplus, dealers are discounting ...

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

Dublin, April 01, 2025 (GLOBE NEWSWIRE) -- The "Farm Equipment Market by Power (<30, 31-70, 71-130, 131-250, >250HP), Type (Tractors, Balers, Sprayers, Harvesters ...

Used farm-equipment values in the U.S. and Canada gained in the fourth quarter as farmers paid more for tractors, planters and combines amid tight supplies, according to a Machinery Pete report. The ...

Canadian farmers afraid to buy due to tariff worries US farm machine makers face headwinds in both countries Widespread confusion over full extent of tariffs REGINA, Saskatchewan, April 5 (Reuters) - ...