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.

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 ...

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 ...