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.

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 ...

If you’ve been in the market for used equipment, you know it’s undergone a dramatic shift since 2023. Whether as a buyer or a seller, the prices of used equipment within the row crop sector have ...

Agricultural machinery sales dropped 35% to 45% in 2025 due to trade wars and tariffs, but used equipment surplus may benefit ...

Moving Iron hosts Casey Seymour and Greg “Machinery Pete” Peterson think we’ll see a wave of farm retirement and estate auctions across the back half of 2025. And the two used equipment auction ...

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 ...

LINCOLN, Neb., May 5, 2025 /PRNewswire/ -- New Sandhills Global market reports covering used equipment, trucks, and trailers on Sandhills' U.S. platforms underscore market uncertainty but point to ...

In 1962 Arthur Samuel shocked the world. He built a computer that could challenge then- reigning checkers champion, Robert Nealy. The machine won, but it wasn't the triumph alone that grabbed ...

Farm equipment markets in Canada are forecast to stay weak into 2026, with new sales lagging and used equipment showing only modest growth, according to Farm Credit Canada’s Farm Equipment Outlook for ...

Managing agricultural land can often be very challenging due to its size and scale. Manual inspections, therefore, become very labor and cost-intensive. Crop disease is one task that is typically ...