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?

This week’s “Pete’s Pick of the Week” is a trio of used farm machines that sold at two separate auctions in the Dakotas. And stay with us until the end as Machinery Pete has a line on two upcoming ...

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.

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 ...

AMERICAN FALLS — U.S. Farm report will feature Stotz Equipment of American Falls for its special nationwide TV segment focused on used ag equipment. The program, titled “On the Road with Machinery ...

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 ...

JOPLIN, Mo. — A pretty popular farm equipment guru makes his first-ever stop in the Four States. Greg Peterson, better known as “Machinery Pete,” was in Jasper today for a huge farm retirement auction ...

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 ...

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 ...