MOORHEAD, Minn. -- An auction is a snapshot of how people are feeling, said Greg Peterson, known as Machinery Pete, who has been tracking auction prices on farm and construction equipment since 1989.

If you’re looking to acquire a used machine in the next few months, this episode of the “Moving Iron” podcast is for you. Greg “Machinery Pete” Peterson and Casey Seymour have over 50 years of ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

DEKALB, Illinois (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 machines, ...