As late-model inventory thins and auction values defy historical trends, buyers are prioritizing a disciplined approach and ...

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.

Machinery Pete Tries to Make Sense of Record-Setting Auction Prices Longtime Farmer Shares Why He’s Hesitant to Buy New Equipment Deere Dealer Hosts Young Technicians Roundtable New Tool Estimates ROI ...

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 ...