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 ...

The Better Business Bureau (BBB) is warning used equipment buyers nationwide about another sophisticated scam involving used farm equipment. This particular grift, according to a press release from ...

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?

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 ...

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 ...

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 ...

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.

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 ...

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 ...