ARTICLES BY GREG PETERSON
Covering a New York auction Monday By: 06/21/2013 @ 2:02pm

Adirondack Mountains here I come.I’m heading to the far northeast corner of New York state, near Lake Placid, NY, to cover a very nice farm retirement auction on Monday (June 24, 2013). We will be filming…

Something old, something new... By: 05/31/2013 @ 8:56am

Nope, I’m not thinking of the old wedding axiom we’ve all heard. I’ll leave the " . . . something borrowed, something blue” to the folks headed to the altar. I have my own non-rhyming version of this…

Case IH 8920 tractors skyrocket in value By: 05/23/2013 @ 3:21pm

The numbers are shocking.The 155-hp. Case IH 8920 two-wheel-drive tractors, now 15-plus years old, are worth 50% to 100% more money vs. back in the calendar year 2001 when they were only two to three years…

Machinery Pete: Flood of Deere 635F heads By: 05/10/2013 @ 7:15am

Like locusts.That’s how it feels when we talk about the volume of JD 635F grain platforms on the used equipment market. I’ve seen an incredible uptick in the number sold at auction over the past 2+ years…

2+2 values surprise bidders By: 05/08/2013 @ 2:23pm

Anteater. Alligator. Snoopy. These are all nicknames -- affectionate or not -- for the unusual-looking 2+2 tractor line that International Harvester introduced at the end of the 1970s.The last couple of years…

Machinery Pete: John Deere 9510 Combine Sold for $108,000 By: 05/03/2013 @ 2:17pm

Older, smaller used combines with low hours are “hot” items right now.More proof came last Saturday on a very nice farm auction in central Saskatchewan, near Saskatoon. A 1998 JD 9510 with 1,072 engine…

Machinery Pete: Massey Ferguson deja vu By: 04/25/2013 @ 1:40pm

I have a case of Massey Ferguson Déjà vu.Tomorrow, April 26, 2013, on a farm estate auction in Hayter, Alberta, Canada, the (3) following Massey Ferguson items will be up for sale:1. 1996 MF 8160 MFWD…

Machinery Pete: Low-hour 4WD tractors By: 04/10/2013 @ 9:44am

I’m covering a farm retirement auction in southern Ohio Saturday. The sale is near Hamersville, OH and features (3) super lower hour tractors. Here’s the list:2007 JD 9220 4WD with 683 hours2007 JD 8130…

Machinery price tide is high By: 04/05/2013 @ 10:15am

Auction prices are going up on good-condition used tractors early in 2013. I’ve seen a steady chorus of rising values on good used tractors since the first week of January. That’s not a surprise, given all…

'One of a kind' tractors sell at auction By: 04/01/2013 @ 9:59am

Compiling auction sale price data is a lot like those Easter egg hunts we used to go on as kids. You never really know what you’re going to find.I’ve been at this gig of compiling auction sale price data…

Low-hour 2WD JD 4455 on Iowa auction By: 03/29/2013 @ 7:52am

How high will it go?I’m talking about the 1990 JD 4455 2WD tractor with 2,390 hours selling today, March 28, 2013, on a farm estate auction in Walker, IA, just east of Waterloo. Don’t run across too many…

Late-model iron shines at Nebraska sale By: 03/22/2013 @ 9:09am

Quite a sale today, March 22, 2013, in east-central Nebraska.A farm estate auction in Cedar Bluffs, Neb. featuring an impressive line of very late model John Deere equipment, including the first S670 combine…

Machinery Pete: Just 33 hours By: 03/19/2013 @ 4:27pm

A 1991 John Deere 4455 tractor with 33 hours recently sold for $155,000.“And now, the rest of the story.”If you -- like me -- grew up listening to the radio, I bet you heard that phrase countless times in…

Deere 4450 sold for $70,750 at auction By: 03/14/2013 @ 8:51am

It’s been a few days now.Since last Saturday, when I stood in the cold rain most of the afternoon in the little farming town of Alpha, MN and filmed for our Machinery Pete Youtube channel a 1988 John Deere…

Friends restore tractor for charity auction By: 03/07/2013 @ 2:26pm

25 years old, recently engaged, new house, a job he loves at the local John Deere dealership AWH in Somonauk, IL. The future was bright for Tom Belinski of Leland, Illinois.Then the cancer came back.A…

Look for seeders on dealer lots By: 03/04/2013 @ 10:29am

The market for later model, larger used planters has been just OK the past few years.They've been OK but not near as hot as the used tractors or other segments of the market, such as grain-handling…

Used values higher in Michigan, Ohio By: 02/28/2013 @ 8:55am

I enjoy hanging out with my buddy Al.Al Kluis that is, commodity analyst and columnist for Successful Farming magazine. We were on a tour of (5) regional Minnesota for a series “2013 Ag Outlook” meetings…

Used grain cart price drop By: 02/21/2013 @ 9:45am

Hot, but not as hot.That’s how I’d describe used grain cart values right now vs. back a few years ago, I’m talking back in 2008 – 2009. A good example is what I’ve seen with J&M 875 grain carts…

Year ends with a bang By: 02/14/2013 @ 10:18am

I'm perched on the back end of a 2000 John Deere 8110 tractor with only 919 hours. Moments before, this tractor had sold for a new record-high auction sale price of $123,500 (the old record was…

Sale prices: California vs. Midwest By: 02/14/2013 @ 8:34am

California here I come.Tomorrow, February 15, 2013, I will be out in central California covering Ritchie Bros. Auctioneers big Tipton, CA consignment auction. Over 1,600 pieces of equipment on this sale…

First SN# CaseIH 1660 By: 02/07/2013 @ 1:37pm

The collector’s dream: finding the first or last Serial No. of a popular or rare model.Now normally when we talk first or last Serial No.’s we immediately think of tractors. But yesterday (Feb. 6, 2013) I…

Two-wheel-drive tractors are hot By: 02/04/2013 @ 10:15am

My friend, Jim Freeburg of Red Wing, Minnesota, held his retirement farm auction on August 13, 2011. He had one heck of a line of equipment.The pieces were all low-hour stuff, one owner, always shedded…

Deere 4440 sells for $47,500 By: 01/31/2013 @ 10:05am

I knew it would sell high.But $47,500? Yep, that’s what the 1981 JD 4440 tractor with 4,552 hours, quad range, in very good condition sold for on a January 19, 2013, farm auction in Hudson, Iowa, a sale by…

High used grain trailer values By: 01/24/2013 @ 2:05pm

How much to give?That was the question young farmer Tim from southwest Minnesota asked me yesterday about the Timpte 40’ grain trailer he’s been looking for a while now. He knows what a basic, no frills…

Tractor prices: South vs. Midwest By: 01/16/2013 @ 10:29am

Come along with me, we’re taking a ride to Mississippi. But we’ll have stops in Iowa, Illinois, and Indiana along the way.This Saturday, January 19, 2012, I will be in Corinth, Mississippi, with the film…

There are good deals on tractors By: 01/11/2013 @ 10:50am

Readers have commented that all I seem to write about is all the high prices. It can seem that way, I know.That's because used values, in general, have been on this historic five-to eight-year run of…

Used tractor values up last year, decade By: 01/02/2013 @ 2:59pm

Used tractor values have gone up. It’s a simple fact.You know this is true if you follow my breadcrumb trail of auction sale price data and commentary. Quite often I drive the point home by highlighting…

CaseIH 200 Tigermate II field cultivators By: 12/28/2012 @ 9:05am

Some big, some small. Some sold last month, or last year. Some sold today.I’m talking CaseIH 200 Tigermate II field cultivators sold at auction. The sale today, December 27, 2012, I was tracking was a large…

Used combine shopping By: 12/20/2012 @ 2:13pm

Looking forward, looking back.It’s what I do every day tracking auctions on used farm and construction equipment. What’s coming up for sale? When and where? What did similar items just sell for? Let’s…

Record prices fall on Illinois auction By: 12/13/2012 @ 9:31am

Records were made to be broken.But were they meant to be annihilated? Apparently so, as I witnessed yesterday at a farm auction in Genoa, Illinois, where a 2000 JD 8310 tractor sold for an amazing $46,000 over…

Fathers, daughters, and tractors By: 12/06/2012 @ 8:27am

I have two daughters.Can’t believe how fast they’ve grown up. One is a senior in college now, the other a sophomore. Time rushes by. Seems like just yesterday I was sharing my little office with daughter…

Even six-row planters break records By: 12/05/2012 @ 2:30pm

The single piece of used farm equipment that I've compiled the most auction prices on is the John Deere 7000 planter.On my www.machinerypete.com website, you'll find over 2,000 auction sale prices…

Used premiums have gone up By: 12/05/2012 @ 12:59pm

The premium has always been there, it's just bigger now. I'm talking about the premium that buyers have been and are willing to pay for the very nicest condition used farm equipment available for…

Record auction price on JD 336 baler By: 11/29/2012 @ 8:48am

Blistering.About the best word I can think of to describe auction sale prices on most types of good condition used farm equipment here late in 2012. How hot has the market been? So hot I think I’d call…

Have trailer, ready to buy By: 11/14/2012 @ 3:09pm

Motivated buyers bring trailers to the auction.Some would say those folks are simply optimists. Others would say they are overly committed bidders, the auctioneer’s best friends on sale day. I’ve heard…

Tractor & tillage prices rising in November By: 11/07/2012 @ 1:16pm

The V-ripper or the Tractor?Which to focus on? Both set new record-high auction sale prices on the farm retirement auction Saturday (November 3, 2012) in north-central Iowa. How about I focus on both: More…

Magnums are loaded By: 11/01/2012 @ 10:12am

Twenty-fifth anniversaries are very special. I know this because for our recent twenty-third anniversary, I bought my wife a new dishwasher. I've been told since then that I have to step it up for our…

Trends on smaller-hp. used tractors By: 10/31/2012 @ 11:14am

Let’s talk smaller-horsepower used tractors today.Generally speaking, they’ve been trending up in value over the past year or so. Auction sale price data I’ve been compiling from all over the U.S. &…

Changing from dairy to grain By: 10/26/2012 @ 3:29pm

“____ and ____ have discontinued their dairy operation and are changing their farming to row crop only, as such they will sell the following equipment to the highest bidder on ____.”I’ve been seeing…

Strong livestock trailer prices By: 10/18/2012 @ 9:34am

A 2007 Merritt 20’ aluminum livestock trailer sold for $15,000 on a north-central Colorado auction last Saturday, October, 13, 2012. How does that sale price stack up? Very strong, I’d say.The vast…

Combine sold well on online auction By: 10/11/2012 @ 8:57am

Smart auctioneers have been doing this for a while now. On their regular periodic consignment sales they hold on their lots with tons of equipment for sale, they will market a mini line of equipment as being…

For Sale: Farmall H with $15K restoration By: 10/05/2012 @ 8:23am

$15,000 spent on a Farmall H.Wow.Now it’s up for sale, on an October 9, 2012 consignment auction in Brillion, WI. Here’s what the sale bill says about this Farmall H:  “Complete professional…

Harvester prices take a hit By: 10/01/2012 @ 10:43am

The thing I've always loved about auction price data is how very responsive it is. Demand drives bids. It's a pretty simple formula, but the facts and figures reveal very powerful and extremely…

Parting with a beloved tractor By: 09/27/2012 @ 10:21am

Yes, I love farm equipment and I love auctions.But you know what the biggest fun has been for me these past 23 years building my Machinery Pete business? The people I’ve met along the way, folks from all…

Small used grain carts rise in value By: 09/13/2012 @ 12:46pm

Small size used grain carts are older, but worth more money vs. 5-10+ years ago.I could show you proof with auction sale price data examples on many different makes & models, but I’ll focus on one recent…

$56,000 for a 20-year-old truck? By: 09/06/2012 @ 11:18am

$56,000 for a 20-year old truck?Do I even need to say I’ve been seeing auction sale prices rise here lately? Well, I have, specifically since corn and soybean prices shot up back in early August due to the…

What would you give for an eight-row head? By: 09/05/2012 @ 3:52pm

Never been used. I see that comment on auction sale bills a few times a year. Pieces of equipment that were bought new and then sat in the shed never hitting the field. Why?There could be lots of different…

Skid steers rebound By: 09/05/2012 @ 2:22pm

Values on good used skid steers are up.Auction sale prices I've been compiling have most definitely been trending higher on nice-condition used skid steers for a while now. Of course, they had nowhere to…

The new collector tractor By: 09/05/2012 @ 10:04am

Call it the new collector tractor. I'm talking tractors from the mid-1960s through the mid-1970s, either in very good original condition or restored. I've watched momentum build over the past three…

$8 corn ignites used tractor values By: 08/31/2012 @ 10:56am

It’s happening again.Middle to late August and auction sale prices are jumping noticeably higher on good condition used farm equipment over a wide area, particularly in the upper Midwest. I’ve seen the…

Interesting trends on used iron values By: 08/27/2012 @ 11:43am

Lot of interesting machinery auctions here lately.Of course I’m closely watching sale prices coming from auctions in drought stricken regions around the country. I wrote and blogged 2-3 weeks ago about the…

Used 6-row equipment is hot By: 08/16/2012 @ 7:56am

Good used six row planters rose in value dramatically before planting season this year, now good used six row corn heads are also seeing a rapid rise in value.Take these (2) JD 693 corn heads sold at farm…

IHC 3588 Tractor in Nebraska By: 08/09/2012 @ 1:59pm

Just another tractor? No, it never is. Each and every piece of equipment that comes up for sale at auction has a story behind it. I’ve always loved this part of covering machinery auctions like I have been…

Iowa machinery auction observations By: 08/02/2012 @ 8:03am

Quite an auction I covered today (Aug. 1, 2012).The sale was for Pinicon Farm in McIntire, IA, a large farm operation located near the Iowa/Minnesota state line, call it north-central Iowa. Very high level of…

Used green 8400s By: 08/01/2012 @ 10:39am

Is used equipment worth more? Or is our money worth less?I've heard the inflation/monetary devaluation point brought up over the years as I've written, spoken, or blogged about rising used farm…

Talking used combine values By: 07/26/2012 @ 11:17am

Yesterday, July 25, 2012, I covered a large consignment auction up in West Fargo, ND. I was most interested in how the 20+ combines would sell, but also interested of course in the tractors. Here’s a YouTube…

Drought isn't slowing tractor auction sales By: 07/19/2012 @ 9:27am

Yep, it’s hot and dry almost all over.So used farm equipment values must be falling with this severe drought, right? Well, not necessarily. Check out what (3) nice John Deere tractors sold for on a farm…

Rare 1970 IHC tractor sold for $56,100 By: 07/12/2012 @ 8:13am

A rare diamond in the rough.You never know what you’re going to see sell on any given auction. Always interesting to quickly pour through the sale bill listing and just look…every once in a while it…

Low-hour IHC 1468 tractors on Iowa auction By: 07/05/2012 @ 12:16pm

I can’t wait to shoot video at this auction.July 14, 2012 in Rock Valley, IA, the sale for 82-year old Albert Groeneweg’s personal collection of 37 John Deere & International tractors. Albert has been…

Massey Ferguson tractors sell for record auction prices By: 06/29/2012 @ 2:03pm

Used four-wheel drive tractors in really good shape have been rising in value for almost a year now.More proof yesterday (June 27, 2012) on a farm retirement auction I covered near Dows, IA, in the…

Values spike on used disks By: 06/21/2012 @ 8:03am

I’ve blogged and written recently about rising values on good used tillage items.More proof came from a pair of Dakota farm auctions the past few days. Saturday, June 16, 2012, on a farm auction in…

Previewing 2 auctions this week By: 06/14/2012 @ 9:16am

I love how every auction is so different.I’ve got my eye on two machinery auctions in particular coming up end of this week. One is an online dealer auction this Friday, June 15, 2012, at www.Purplewave.com…

Low-hour tractor on online auction By: 06/08/2012 @ 7:09am

It’s always a surprise.When I look in our “upcoming auctions” searchable database of equipment for sale on coming auctions each day, I never know what gems I will find. 1,906 pieces of equipment listed…

1991 Ford F250 pickup with only 12,958 miles By: 05/30/2012 @ 2:35pm

Yes, I was interested in the tractor.But I was also interested in the (4) pickups. On a very interesting farm retirement auction Monday, May 28, 2012, in east-central Missouri, near Chamois, MO. This was a…

Case IH 7120 tractor sold for $54,000 By: 05/23/2012 @ 1:51pm

Back in the mid 1990s central Minnesota dairy farmer Roger Schiroo bought a 2-year old CaseIH 7120 front-wheel assist tractor with 700 hours on it for $46,500. He sold the tractor yesterday (May 22, 2012) on…

Talking used combine values By: 05/17/2012 @ 11:10am

Let’s talk combines.Looking in the “upcoming auctions” searchable database of equipment for sale this morning in our www.machinerypete.com web site I see (3) JD 9760 STS combines listed. Two are on…

Equipment at upcoming auctions By: 05/09/2012 @ 10:27am

What are you looking for?New auction sale bills come in to our office throughout each day. Our staff takes them and enters all the equipment items on each sale bill into our “upcoming auctions” searchable…

Older, smaller used disks rise in value By: 05/04/2012 @ 2:10pm

Prices on older, smaller used disks have exploded higher in 2012.I’d been watching this new trend unfold over the past four months with a high auction price here, a strong sale price there. Then last…

Record levels to stay on used iron By: 05/03/2012 @ 2:03pm

At a recent retirement auction in northeast Wisconsin – on March 13, 2012, to be exact – a farmer asked me how long the high prices were going to last. The farmer who asked the question smiled. I smiled…

Used 100-HP tractor values rising By: 04/26/2012 @ 3:29pm

More evidence just in that values on used 100 HP tractors are going up.The proof came from a pair of online auctions today, April 25, 2012. On a www.Purplewave.com online auction was a Kubota M105S front-wheel…

Planter sells for record price By: 04/18/2012 @ 4:35pm

New York and Kansas are a long way from northwest Ohio.Even so, auctioneer Aaron Siefker fielded calls from that far away about the 2007 JD 1750 6R-30 planter he sold on a farm foreclosure auction Monday in…

Tractor parade fun By: 04/12/2012 @ 8:10am

Choices, choices, choices.My friend Matt had to decide. Was it going to be his JD 7420 tractor or his IHC 460 to drive in the 10th Annual Randolph FFA Tractor Parade this morning (April 11, 2012) in Randolph…

Grain trucks selling high in Canada By: 04/05/2012 @ 8:08am

I don’t know where to start.Values on good condition used farm equipment have been exploding higher here in 2012. The trend only accelerated in late March on here into early April. So many examples of…

Midsize tractor bids By: 04/04/2012 @ 10:52am

Values on used 85- to 100-hp. tractors had been flat for years. There was no heat in this segment of the used tractor market like there was with larger horsepower or four-wheel-drive tractors the last four to…

Deere 4020 sells for $28K By: 03/28/2012 @ 1:09pm

This is a tale of (4) green tractors, sold on (3) different auctions last Saturday.Let’s start in southeast Ohio. Auctioneer Doug Leith (www.leithauctions.com) had a farm retirement auction featuring an…

Sale price guess too low By: 03/21/2012 @ 2:27pm

$115,000 was my sale price guess.Up for sale yesterday on a large absolute consignment auction in west-central Illinois was a 2008 JD 7830 MFWD tractor with 1,438 hours. In my $115,000 price guess I tried to…

200-hp. tractor trends By: 03/20/2012 @ 2:59pm

The first camera I ever used was a Polaroid. Snap the shot, out comes the picture, wave it around a bit, wait a few seconds, and presto – instant photo.Today's kids shoot zillions of pictures on their…

Wisconsin farm auction video By: 03/14/2012 @ 12:37pm

I tend to put a few miles on the pickup every March.This Saturday, March 17th, I will be down in Leland, IL to cover the 28th Annual Leland Lions Club Auction. Last year was my first time to this sale. What…

Previewing a Michigan auction By: 03/07/2012 @ 3:38pm

What will it sell for?What? I’m talking about the 2001 JD 1560 20-foot no-till drill up for sale on a very nice farm retirement auction this Friday (March 9th) in Monroe, MI. Here’s a picture of the…

Get a bonus for premium iron By: 03/05/2012 @ 1:42pm

It pays to take care of your equipment.Last year was full of examples of new record-high prices clocking in from every corner of the country on all different types of equipment. And the key factor was…

JD 4240 tractor sold for $34,500 By: 02/29/2012 @ 2:59pm

These are amazing times my friends.And by “times” I mean now, as in yesterday. This column shifted (4) times this morning as I sat down to write. First I was going to focus on the rapidly rising values on…

Hot prices on Wisconsin auction By: 02/23/2012 @ 9:47am

Two very interesting tidbits from a real nice farm auction Monday in west-central Wisconsin:1997 CaseIH 8920 MFWD tractor with 1,641 “1 owner” hours, always shedded, never used in winter, sold for $96,000…

High-priced 2WD tractors By: 02/16/2012 @ 10:47am

Bigger isn't always better. But it sure seems like everything has been getting bigger and bigger over the last 10 to 20 years though, doesn't it?You've certainly seen the push for bigger farm…

Pressure on used planters By: 02/16/2012 @ 10:12am

Hoping to buy a planter in the coming months? Get ready to pay more.And get ready to buy a used planter. John Deere has been sold out of new planters for delivery by 2012 planting season for a while now. In…

A look at grain cart sales By: 02/15/2012 @ 10:57am

Every auction is different.I’m looking at example A right now, an upcoming farm estate auction February 25, 2012 near Tower Hill, IL. This sale is by Jordan Auction Service. What makes this farm sale…

Deere 4455 2WD tractor for $50,250 By: 02/09/2012 @ 10:04am

Things I know this week:1.    Oops. The February 2012 issue of Successful Farming magazine came out earlier this week. My “Machinery Pete” focused on the crazy period from mid November…

Used tractor values rising By: 02/01/2012 @ 2:43pm

I love yakking about farm equipment.Fun to relay insights & thoughts from 22-plus years of tracking auction sale price data on all types of equipment sold throughout the U.S. and Canada. All this week…

Pricey rock pickers By: 01/31/2012 @ 10:56am

For over 22 years now, I've been covering machinery auctions all over the U.S. and Canada. A little secret I learned long ago is that each and every auction will have at least one item that will grab my…

2011 is a record year for used equipment By: 01/30/2012 @ 2:20pm

I thought late 2007 was something. But as strong and record-breaking as auction prices were in November and December of 2007 that time period can't hold a candle to what has happened four years…

Four-wheel deals By: 01/30/2012 @ 1:46pm

Used farm equipment values roared higher across Canada the first half of 2011. There were so many new record-high or near record-high auction sale prices set it was hard to keep up. The months of April, May…

Auction prices strong down south By: 01/25/2012 @ 8:17am

One thing I learned in Mississippi last week.Used farm equipment in good condition sells well no matter where you are. Yes, some geographic differences for sure in used values, but demand appeared strong for…

Heading to Mississippi auction By: 01/18/2012 @ 12:31pm

I’ve been to a lot of different states to cover farm machinery auctions, but never to Mississippi.That will change this weekend as I’ll be in Corinth, MS, in the northeast part of the state near the…

Used combine values hold strong By: 01/11/2012 @ 12:55pm

My eyes were on northwest Texas yesterday.An auction in Dalhart, TX by United Country -- Alliance Auction & Realty featuring a 2004 CaseIH 2388 combine with 2,290 engine hours. This sale and this combine…

Buy used iron as a hedge By: 01/11/2012 @ 10:47am

A few columns back, I touched on the used equipment investment angle. You'd be retired and living on a beach in the South Pacific by now if you had bought every good-condition piece of used equipment you…

Ohio farm auction draws attention By: 01/04/2012 @ 11:14am

What’s your morning routine?Mine involves a little toast while reading the daily newspaper at the breakfast table, then grab a Diet Coke (a vice I know) and hop into our Machinerypete.com web site. First…

Big auctions close out 2011 By: 12/28/2011 @ 1:35pm

Any big plans end of 2011 parties?Me? Yep, I’ve got plans. I’ll be covering (2) very large farm machinery auctions this week, one today (Dec. 28th) in Plainview, MN, a farm auction by Steffes Auctioneers…

Auction prices on AGCO tractors & combines By: 12/21/2011 @ 2:43pm

Red, green, silver and gold are traditional Christmas colors.But orange is nice too.I posted a note on our Machinery Pete Facebook page about the 2009 Agco DT275B MFWD tractor with 471 hours selling on a very…

Tax iron buyers spending big By: 12/14/2011 @ 9:09am

The clock is ticking.Literally, it’s ticking. On the www.Section179.org web site you can see a clock ticking down the time until Midnight on December 31, 2011. As I write this, you’ve got 17 days, 7 hours…

Auction price roundup By: 12/07/2011 @ 7:34am

Not much time to write this week. I covered a farm auction yesterday (Dec. 6th) in northeast Iowa with (4) very low hour Deere tractors, each one set a new record high auction price. Also a 1992 JD 9500…

Combine values rebound By: 12/06/2011 @ 10:05am

The sky isn't falling on used combine values, and those values definitely aren't experiencing the searing heat I'm seeing on used tractor values in 2011. New high-auction prices on used tractors…

Four-wheel deals By: 12/06/2011 @ 9:41am

Used farm equipment values roared higher across Canada the first half of 2011. There were so many new record-high or near record-high auction sale prices set it was hard to keep up. The months of April, May…

Most amazing auction week ever By: 11/30/2011 @ 12:40pm

22 years I’ve been covering auctions now. November 2011 will go down as one of the “hottest” months I’ve seen. Let me give you just a few quick examples from auctions held the past few days:November…

Used 6-row planters rising in value By: 11/18/2011 @ 8:45am

Jaw dropping. The first time you saw a new 48-row planter, remember? Probably saw it at a farm show. Holy smokes, 48 rows…what a monster. Who would have ever thought we’d see the day? Farming sure has…

Worth more in Texas or Wisconsin? By: 11/09/2011 @ 2:54pm

Is a used tractor worth more in Texas or Wisconsin?We're about to find out. This Saturday (Nov. 12th) I will be in Argyle, WI, along with our film crew for the "Machinery Show" on RFD-TV, to film a small…

Talking antique tractors By: 11/03/2011 @ 7:59am

Talking antique tractors this week.Got my eye on a large online auction tomorrow, Nov. 3, 2011, at www.purplewave.com. 64 antique tractors up for sale on this online auction, making it the largest online…

Old tractors, high prices By: 11/01/2011 @ 10:46am

Used farm equipment values have been going up, and I have numbers to prove that statement.I dug into my auction results database of sale prices at www.machinerypete.com, and I uncovered auction sale price data…

Red harvesters break records By: 11/01/2011 @ 8:56am

If I were to try to give you a snapshot of the used equipment market in late summer and early fall 2011, I'd pick a farm estate sale that took place September 2 in east-central Illinois. The sale was by…

Single mom needs to sell tractor By: 10/26/2011 @ 1:47pm

Sometimes you want to sell used equipment. Other times you need to sell.An email I got recently:Hi Pete, I am a single mom and have to sell my house along with my tractor. Ihave no "guys" to assist and need to…

Gravity wagons rising in value By: 10/07/2011 @ 2:07pm

I do it every time.When sale price reports come in from auctioneers or our own field reps, I always make a quick scan of the equipment and the sale prices. Does anything jump out at me? Quite often here lately…

Oliver tractor auction By: 09/28/2011 @ 3:20pm

This one's for you Oliver lovers.This Saturday (Oct. 1, 2011) I will be traveling to Manchester, IA, 40 minutes north of Cedar Rapids in east-central Iowa, to cover a unique farm auction featuring (12)…

A 6-figure Deere 8400 at auction By: 09/22/2011 @ 11:07am

I knew this tractor would sell high. The question was how high?A 1997 model John Deere 8400 mechanical front-wheel drive tractor with only 709 hours on it sold Monday (September 19, 2011) on a farm auction in…

Used tractors hot, garden tractors not By: 09/09/2011 @ 1:11pm

Check, check and check.(3) trends in the used equipment market were confirmed by sale prices from a small September 2nd farm sale in north-central Missouri. The first trend was continued strong sale prices on…

Used 6-row planters red hot By: 09/01/2011 @ 8:08am

It’s fun to meander up and down the rows of shiny new equipment.I’m making the rounds the last couple days at the 2011 Farm Progress Show in Decatur, IL. Very large crowds on the opening day of the show…

Machinery Pete used value index By: 08/30/2011 @ 3:31pm

This topic is long overdue. I've known for many years that I needed to create a new report, a broad-brush synopsis of the used equipment market with monthly updates. The report also needed to provide…

Is used equipment a good investment? By: 08/30/2011 @ 2:33pm

Has used farm equipment been a good investment over the past decade? Without a doubt, yes. If you bought good-condition used equipment from 1998 to 2003, took good care of it since then, and sold it today, in…

High prices on combines, IHC tractors By: 08/30/2011 @ 10:50am

Lots of video work this week.Tomorrow, August 25th, I will be in Ludlow, IL along with the film crew for our "Machinery Show" on RFD-TV to film a small farm estate auction by Bill Kruse Auction Company. Couple…

Record prices at MN auction By: 08/17/2011 @ 3:49pm

It's been a busy week for my friends at Maring Auction Company of Kenyon, MN.Saturday (Aug. 13th) they had quite a farm sale. Super well cared for equipment on this sale. More record high auction sale…

What if there are no tax write-offs? By: 08/10/2011 @ 3:32pm

What if you couldn't write off that new or used equipment purchase for tax purposes anymore? How would that major change affect new equipment sales and used equipment values?What if?Two little words. 99%…

Ask Machinery Pete: A good deal? By: 08/04/2011 @ 10:52am

Question posed to me on our Machinery Pete Facebook page this week:“Pete, what is a 4040 JD original, open platform with 7,000 hours worth? Local farmer has it. Asking $12,500. Comparing to repainted rebuilt…

Comparing auction prices By: 07/28/2011 @ 1:50pm

Side-by-side comparisons are always interesting and informative. This page compares prices at an auction from January 2011 with another auction from January 2004. This comparison will shed light on the trend…

Selling a speedy baler By: 07/28/2011 @ 10:35am

After nearly 22 years, there aren't too many things I haven't seen sold at auction.A new one coming Saturday (July 30th) on a farm auction near the eastern Wisconsin town of Whitelaw. A rare working…

Price pressure on disks By: 07/28/2011 @ 9:11am

It was a warmish, mid-winter day last February. I was up in northwest Iowa covering a very nice farm retirement auction. What drew me to this auction was one tractor in particular, a 2005 John Deere 7820…

From Pete's mailbag: Low-hour 1660 By: 07/21/2011 @ 11:20am

Hi Pete,This is George Otto from Gaylord, MN. I have a 1987 CaseIH 1660 with 1,761 engine hours. It is super clean and in excellent shape. Have you ever seen one with that low of hours? I was wondering what it…

Live auction commentary By: 07/14/2011 @ 8:27am

I monitored a pair of nice farm auctions today, July 13, 2011.One sale was in west-central Minnesota, the other in east-central North Dakota. I actually did some running "live" commentary on our Machinery Pete…

Eyeing a big dealer auction By: 07/06/2011 @ 3:23pm

"Are you crazy?"    J.D. Manning, GM of Dean Ag Services, a Caterpillar dealer with five ag locations in Missouri and Kansas (7 overall), told me today he's been getting that question a lot…

Used iron worth more than a year ago By: 07/01/2011 @ 3:28pm

Used farm equipment values are higher than summer 2010.More proof was delivered yesterday, June 28, 2011, on a farm estate auction in north-central Indiana. The lead tractor on this auction by the very fine…

One sweet Deere 3020 tractor By: 06/23/2011 @ 10:52am

Our Machinerypete.com web site contains auction sale price data going back 15+ years, to the calendar year 1996. How many John Deere 3020 tractors have I seen sold since 1996? 567 of them, that's how…

Strong auction prices in wet regions By: 06/16/2011 @ 11:37am

Where was that sale again?This spring, more than I have for a few years now, I've been paying special attention to "where" auction sale prices are coming from. I'm eyeballing the possible return of…

Jenny: The '65 Chevy C60 By: 06/08/2011 @ 2:48pm

Jenny needs a new home.Who is Jenny? Not a person, a 1965 Chevy C60 truck actually. I get lots of emails and calls from folks looking for help with current values on all different types of used equipment. Some…

Used baler values falling By: 05/25/2011 @ 3:57pm

512 pieces of equipment up for sale today (May 25th) on www.Bigiron.com's online auction. (6) of the first 85 items sold were round balers. Here's the scoop:2003 NH BR780, baler in WY, done 5,000…

Used baler values falling By: 05/25/2011 @ 3:54pm

512 pieces of equipment up for sale today (May 25th) on www.Bigiron.com's online auction. (6) of the first 85 items sold were round balers. Here's the scoop:2003 NH BR780, baler in WY, done 5,000…

Hot deal on a low-hour Ford 8000 Tractor By: 05/19/2011 @ 11:22am

A green paint lover turning blue?Yep, it would appear so. Peter, a young dairy farmer from New Jersey, is the proud owner of a JD 4440 tractor with 5,700 original hours and also a JD 4240 with 6,700 hours. He…

Hot deal on a low-hour Ford 8000 Tractor By: 05/19/2011 @ 11:20am

A green paint lover turning blue?Yep, it would appear so. Peter, a young dairy farmer from New Jersey, is the proud owner of a JD 4440 tractor with 5,700 original hours and also a JD 4240 with 6,700 hours. He…

Nebraska bound By: 05/11/2011 @ 1:53pm

Next Thursday (May 19th) I'll be out in Holdrege, NE covering a farm estate auction featuring a nice line of equipment. I'll have our film crew from the "Machinery Show" on RFD-TV along to shoot…

IHC 2+2 tractors bring big bucks By: 05/06/2011 @ 9:16am

I've always been kind of fascinated by IHC 2+2 tractors.Why? Suppose it's just the different look on some of the 2+2 models. Made by International back in the early to mid 1980's for the most…

IHC 2+2 tractors bring big bucks By: 05/06/2011 @ 9:15am

I've always been kind of fascinated by IHC 2+2 tractors.Why? Suppose it's just the different look on some of the 2+2 models. Made by International back in the early to mid 1980's for the most…

Grain carts are hot at auction By: 05/04/2011 @ 10:58am

When I think of rising values on used grain carts, three specific scenes jump to mind.Scene #1: It's July 16, 2008, and I'm in north-central Iowa. I'm there shooting a farm retirement auction by…

Old tractors, like-new prices By: 05/04/2011 @ 9:45am

In December 2009, I saw auction sale prices paid for good-condition used tractors–particularly high-horsepower models–spike higher. Ditto for the end of 2010.Generally speaking, I saw this trend on used…

Talking combines at auction By: 04/27/2011 @ 3:58pm

What I love best about going to auctions? All the great people I get to talk to.Yesterday (April 26th) I was in southwest Minnesota, just outside of Luverne, MN, to shoot video of a nice farm auction. Now the…

Talking combines at auction By: 04/27/2011 @ 3:46pm

What I love best about going to auctions? All the great people I get to talk to.Yesterday (April 26th) I was in southwest Minnesota, just outside of Luverne, MN, to shoot video of a nice farm auction. Now the…

Crazy Canadian auction prices By: 04/21/2011 @ 11:33am

The conversion rate is pretty close.    Between the Canadian dollar and ours here in the U.S. Last Thursday (April 14th) it was around 1.0383. Yesterday (April 19th) up to around 1.04. So if you…

Crazy Canadian auction prices By: 04/21/2011 @ 11:30am

The conversion rate is pretty close.    Between the Canadian dollar and ours here in the U.S. Last Thursday (April 14th) it was around 1.0383. Yesterday (April 19th) up to around 1.04. So if you…

'Fantastic' auction lineup By: 04/13/2011 @ 3:13pm

A lot to write about on this auction.Last Thursday, April 7, 2011, in the east-central part of Washington state, near Moses Lake, a farm retirement auction featuring a fantastic lineup of late-model equipment…

'Fantastic' auction lineup By: 04/13/2011 @ 3:12pm

A lot to write about on this auction.Last Thursday, April 7, 2011, in the east-central part of Washington state, near Moses Lake, a farm retirement auction featuring a fantastic lineup of late-model equipment…

A walk through the auction lot By: 04/08/2011 @ 8:11am

This Saturday, April 9th, I'll be just up the road a bit in Eyota, MN.I'll be there covering a farm estate auction by Maring Auction Company. Some nice looking equipment on this sale, including a…

Astounding farm auction prices By: 03/30/2011 @ 12:17pm

A Saturday full of surprises.March 26, 2011, a day I'll remember and be writing about for quite a while I'm sure. Why? Many reasons. Tractors, manure spreaders, pickup trucks and more amazing auction…

Astounding farm auction prices By: 03/30/2011 @ 12:15pm

A Saturday full of surprises.March 26, 2011, a day I'll remember and be writing about for quite a while I'm sure. Why? Many reasons. Tractors, manure spreaders, pickup trucks and more amazing auction…

Huge consignment auctions By: 03/23/2011 @ 11:22am

You say March Madness involves basketball? I say auctions.The middle of March has always been the busiest time of year for machinery auctions. I noticed this back 21 years ago when I started tracking auction…

Huge consignment auctions By: 03/23/2011 @ 11:16am

You say March Madness involves basketball? I say auctions.The middle of March has always been the busiest time of year for machinery auctions. I noticed this back 21 years ago when I started tracking auction…

Auction exceeds expectations By: 03/17/2011 @ 2:57pm

South Dakota yesterday. Illinois on Saturday.I love March, the busiest month of the year for machinery auctions. Quite a day yesterday out just south of Wessington Springs, South Dakota (east-central SD)…

Auction exceeds expectations By: 03/17/2011 @ 2:52pm

South Dakota yesterday. Illinois on Saturday.I love March, the busiest month of the year for machinery auctions. Quite a day yesterday out just south of Wessington Springs, South Dakota (east-central SD)…

Big reasons to check out this auction By: 03/10/2011 @ 1:23pm

This isn't your average farm auction.Nine 2010 model JD tractors, 3 JD 2009 model tractors, 8 2010 model grain trailers, 2 2010 model skid steers, 10 sleeper semi trucks, 5 non-sleeper semi trucks, 3…

Big reasons to check out this auction By: 03/10/2011 @ 1:22pm

This isn't your average farm auction.Nine 2010 model JD tractors, 3 JD 2009 model tractors, 8 2010 model grain trailers, 2 2010 model skid steers, 10 sleeper semi trucks, 5 non-sleeper semi trucks, 3…

New prices on 10-year-old tractors By: 03/03/2011 @ 11:18am

Used tractors in very good condition are really holding their value.    More proof of this fact arrived this past week. Last Saturday (Feb. 26th) on a farm retirement auction in east-central…

New prices on 10-year-old tractors By: 03/03/2011 @ 11:16am

Used tractors in very good condition are really holding their value.    More proof of this fact arrived this past week. Last Saturday (Feb. 26th) on a farm retirement auction in east-central…

Auctions Yesterday & Tomorrow By: 02/25/2011 @ 1:31pm

Time: Our most precious commodity.I've been thinking about time a lot lately. Mostly about how it seems to speed by faster and faster. Can't believe it's been over 21 years now I've been…

Auctions yesterday & tomorrow By: 02/25/2011 @ 1:28pm

Time: Our most precious commodity.I've been thinking about time a lot lately. Mostly about how it seems to speed by faster and faster. Can't believe it's been over 21 years now I've been…

Old disk nets record price at auction By: 02/17/2011 @ 10:19am

You never know at an auction.Last Friday I covered a really nice farm retirement auction in Inwood, IA. What drew me to the sale were two very low hour tractors, a 2005 JD 7820 MFWD with 560 hours and a 2000…

Old disk nets record price at auction By: 02/17/2011 @ 10:19am

You never know at an auction.Last Friday I covered a really nice farm retirement auction in Inwood, IA. What drew me to the sale were two very low hour tractors, a 2005 JD 7820 MFWD with 560 hours and a 2000…

24 rows and one year's use By: 02/14/2011 @ 2:19pm

Standing in the driving snow just outside of Fairmont, Minnesota, on December 11, 2010, I was attending a farm retirement auction featuring a large line of very late-model farm equipment for sale. Did I…

Covering auctions in Iowa, Nebraska By: 02/11/2011 @ 7:54am

Call it an early Spring Break trip.I'm off to Bellwood, Neb. to cover a very nice farm retirement auction tomorrow, February 10th, for Harry & Sharon Schmit. The auction will be conducted by my…

Covering auctions in Iowa, Nebraska By: 02/11/2011 @ 7:53am

Call it an early Spring Break trip.I'm off to Bellwood, Neb. to cover a very nice farm retirement auction tomorrow, February 10th, for Harry & Sharon Schmit. The auction will be conducted by my…

Used 4WD tractor values rise By: 02/04/2011 @ 12:39pm

One of the hottest segments currently in the used farm equipment market? Older four-wheel drive tractors in good condition.When I say "older" I'm talking maybe 7 or 8 years old all the way out to 30+…

Used 4WD tractor values rise By: 02/04/2011 @ 12:38pm

One of the hottest segments currently in the used farm equipment market? Older four-wheel drive tractors in good condition.When I say "older" I'm talking maybe 7 or 8 years old all the way out to 30+…

Record tractor prices at Illinois sale By: 01/27/2011 @ 10:34am

Sorry, not much time this week.It's late Wednesday evening and I'm between stops. Alexandria, Minnesota, on Monday, Willmar, Minnesota, on Tuesday, Marshall, Minnesota, today, Mankato, Minnesota…

Record tractor prices at Illinois sale By: 01/27/2011 @ 10:32am

Sorry, not much time this week.It's late Wednesday evening and I'm between stops. Alexandria, Minnesota, on Monday, Willmar, Minnesota, on Tuesday, Marshall, Minnesota, today, Mankato, Minnesota…

Used tillage values soar By: 01/20/2011 @ 11:15am

December 1, 2006: Starbuck, MN (west-central MN) farm auction.That was the first time I saw a JD 726 mulch finisher sell for more than $30,000 at auction. The 726 sold on that sale was basically brand new, a…

Used tillage values soar By: 01/20/2011 @ 11:13am

December 1, 2006: Starbuck, MN (west-central MN) farm auction.That was the first time I saw a JD 726 mulch finisher sell for more than $30,000 at auction. The 726 sold on that sale was basically brand new, a…

Machinery Pete: Record tractor prices By: 01/13/2011 @ 10:08am

Now I know. The answer is $72,000.Last week in this column I wondered what the 1998 JD 8100 2WD tractor with 1,616 hours would sell for on Moss Auction Team's January 12th farm sale in Dana, IN. It sold…

Machinery Pete: Record tractor prices By: 01/13/2011 @ 10:07am

Now I know. The answer is $72,000.Last week in this column I wondered what the 1998 JD 8100 2WD tractor with 1,616 hours would sell for on Moss Auction Team's January 12th farm sale in Dana, IN. It sold…

Deals to be found on livestock equipment By: 01/12/2011 @ 11:11am

While the past few years, generally speaking, have been pretty good for grain farmers, those same years haven’t been as kind to the livestock and dairy sectors.Sometimes I feel like a scorekeeper…

Reliable 30 Series still bring strong bids By: 01/12/2011 @ 11:04am

Since last fall, I’ve been heading out to machinery auctions all over the country to shoot video for my new YouTube channel on Machinerypete.com. Some videos feature late-model equipment; other videos…

Deere's horses running up bids By: 01/07/2011 @ 2:41pm

Is it possible for the value of a 20-year-old tractor model to climb over 35% in just the last four years?Just check out the data table on the next page showing average auction sale price data on Deere…

Low-hour tractors = hot sellers right now By: 01/06/2011 @ 12:24pm

I can't wait to see what these two tractors will sell for.Nothing hotter on the used farm equipment market right now, or for the past six months, than really nice condition low hour tractors with a bit of…

Low-hour tractors = hot sellers right now By: 01/06/2011 @ 12:21pm

I can't wait to see what these two tractors will sell for.Nothing hotter on the used farm equipment market right now, or for the past six months, than really nice condition low hour tractors with a bit of…

Machinery Pete's 16/31 planter prices By: 12/23/2010 @ 1:55pm

Numbers fill my head.Say a number, any number, and I'll have my own quirky connections to that particular number, much of it sports related. My wife and two daughters think it's a disease. Could be…

Machinery Pete's 16/31 planter prices By: 12/23/2010 @ 1:54pm

Numbers fill my head.Say a number, any number, and I'll have my own quirky connections to that particular number, much of it sports related. My wife and two daughters think it's a disease. Could be…

Big snow and record prices By: 12/16/2010 @ 11:45am

Machinery Pete's Journal: Last 6 DaysFriday, December 10: my good friends at Stock Auction Company in Nebraska having a farm retirement sale. On this auction is a 1988 JD 7720 II combine with only 1,759…

Big snow and record prices By: 12/16/2010 @ 11:42am

Machinery Pete's Journal: Last 6 DaysFriday, December 10: my good friends at Stock Auction Company in Nebraska having a farm retirement sale. On this auction is a 1988 JD 7720 II combine with only 1,759…

Selling used equipment can bring a price bump By: 12/15/2010 @ 11:57am

Perception is reality. This may be true nowhere more so than in the used farm equipment market.Recently I exchanged e-mails with a Machinerypete.com subscriber from eastern Iowa. He mentioned he…

Hitting auctions in 3 states By: 12/09/2010 @ 11:20am

Machinery Pete's road show, coming to an auction near you.I love this time of year, always lots of nice farm machinery auctions to close out the year. I'll be putting some serious miles on this week…

Hitting auctions in 3 states By: 12/09/2010 @ 11:19am

Machinery Pete's road show, coming to an auction near you.I love this time of year, always lots of nice farm machinery auctions to close out the year. I'll be putting some serious miles on this week…

Tractors & combines on the auction block By: 12/02/2010 @ 11:28am

Where to start?This past week has been a blur, great machinery auctions all over the country, sale prices pouring in from all points. If I had to generalize, I'd say used equipment pushing steadily…

Tractors & Combines By: 12/02/2010 @ 11:25am

Where to start?This past week has been a blur, great machinery auctions all over the country, sale prices pouring in from all points. If I had to generalize, I'd say used equipment pushing steadily…

Thanksgiving fun with Machinery Pete By: 11/22/2010 @ 8:19am

Getting together with family this week for some turkey?If by chance you get tired of watching football and are looking for something fun to do with your aunts and uncles, cousins, grandparents, nieces and…

Thanksgiving fun with Machinery Pete By: 11/22/2010 @ 8:17am

Getting together with family this week for some turkey?If by chance you get tired of watching football and are looking for something fun to do with your aunts and uncles, cousins, grandparents, nieces and…

Machinery Pete sees red By: 11/18/2010 @ 9:30am

Nope, I’m not mad.But I’m seeing red alright. Great auction prices on red International Harvester and CaseIH equipment came rolling in Wednesday. And Thursday, I’ll definitely be seeing red at a nice…

Machinery Pete sees red By: 11/18/2010 @ 9:27am

Nope, I’m not mad.But I’m seeing red alright. Great auction prices on red International Harvester and CaseIH equipment came rolling in Wednesday. And Thursday, I’ll definitely be seeing red at a nice…

Machinery Pete's top 10 equipment list By: 11/11/2010 @ 10:58am

Who's No. 1?Nope, I'm not talking college football rankings. I'm talking used equipment. We have approximately 70 different equipment categories in our Machinerypete.com website and, as of this…

Machinery Pete's top 10 equipment list By: 11/11/2010 @ 10:48am

Who's No. 1?Nope, I'm not talking college football rankings. I'm talking used equipment. We have approximately 70 different equipment categories in our Machinerypete.com website and, as of this…

Pete's auction preview video By: 11/04/2010 @ 11:01am

I like this idea.    For the last year and a half I've been zipping around the country shooting video of machinery auctions then posting the video highlights on our Machinery Pete YouTube…

Pete's auction preview video By: 11/04/2010 @ 11:00am

I like this idea.    For the last year and a half I've been zipping around the country shooting video of machinery auctions then posting the video highlights on our Machinery Pete YouTube…

Pete's random thoughts on the equipment market By: 10/28/2010 @ 1:02pm

A former sports columnist for the Minneapolis Star-Tribune used to run periodic columns under the heading: "Random Thoughts From a Cluttered Mind."    Allow me to borrow that motif this…

Hard to say goodbye to a classic By: 10/21/2010 @ 9:08am

It's tough to let go.Of that tractor you've loved for so long. This truth was driven home again this week via a phone call I got from a retired farmer in southern Kansas. Seems the caller had quit…

Hard to say goodbye to a classic By: 10/21/2010 @ 8:56am

It's tough to let go.Of that tractor you've loved for so long. This truth was driven home again this week via a phone call I got from a retired farmer in southern Kansas. Seems the caller had quit…

More "bank items" showing up at auction By: 10/14/2010 @ 11:28am

"That was a bank item."I'm hearing this comment more and more from our network of auctioneers. I'll call to ask how equipment sold on the sale they just had and we'll be going down the list of…

More "bank items" showing up at auction By: 10/14/2010 @ 11:24am

"That was a bank item."I'm hearing this comment more and more from our network of auctioneers. I'll call to ask how equipment sold on the sale they just had and we'll be going down the list of…

Talking tractors with a legend By: 10/07/2010 @ 12:55pm

For 21 years I've been compiling history, building a database of auction sale prices on all types of equipment sold at auctions throughout North America.I found a different kind of history last week in…

Bringing big bucks: 10- to 20-year-old tractors By: 09/30/2010 @ 10:26am

Take a look at this CaseIH 7120 tractor.A 1992 model 7120, two-wheel drive, with 1,813 hours, sold on a nice farm auction yesterday (Sept. 29th) in southwest Ohio for $45,000. That makes it the fourth highest…

Bringing big bucks: 10- to 20-year-old tractors By: 09/30/2010 @ 10:25am

Take a look at this CaseIH 7120 tractor.A 1992 model 7120, two-wheel drive, with 1,813 hours, sold on a nice farm auction yesterday (Sept. 29th) in southwest Ohio for $45,000. That makes it the fourth highest…

High school hoops & discbines By: 09/23/2010 @ 10:58am

I can't read my own handwriting.It's especially bad when I'm out an auction scribbling down sale prices as we move along the line from piece to piece. I can always make out the sale price, but…

High school hoops & discbines By: 09/23/2010 @ 10:56am

I can't read my own handwriting.It's especially bad when I'm out an auction scribbling down sale prices as we move along the line from piece to piece. I can always make out the sale price, but…

Machinery Pete: 2000 JD 8410 tractor sells for $136,000 By: 09/16/2010 @ 11:25am

The local Deere dealer thought it would bring $100,000.Boy, was he off! The item in question was a 2000 model JD 8410 MFWD tractor with only 584 hours, sold last Saturday (September 11, 2010) on a very nice…

Machinery Pete: 2000 JD 8410 tractor sells for $136,000 By: 09/16/2010 @ 11:22am

The local Deere dealer thought it would bring $100,000.Boy, was he off! The item in question was a 2000 model JD 8410 MFWD tractor with only 584 hours, sold last Saturday (September 11, 2010) on a very nice…

Deere 8300 tractors worth 27.2% more now vs. 2002 By: 09/09/2010 @ 9:23am

Wow, what timing.Earlier this week I was working up some "Ave. Auction Price" data from our Machinerypete.com web site to highlight the point of continued rising used values on 10-20 year old tractors in good…

Deere 8300 tractors worth 27.2% more now vs. 2002 By: 09/09/2010 @ 9:17am

Wow, what timing.Earlier this week I was working up some "Ave. Auction Price" data from our Machinerypete.com web site to highlight the point of continued rising used values on 10-20 year old tractors in good…

Machinery Pete: 1985 JD 4450 Sells for $42,500 By: 09/02/2010 @ 10:43am

Things I posted on my Machinery Pete Facebook page this week:It's Worth More Than $1,500 A farmer from Michigan called me yesterday with a question. Seems he owns a very nice condition AC WD45 tractor…

Machinery Pete: 1985 JD 4450 Sells for $42,500 By: 09/02/2010 @ 10:41am

Things I posted on my Machinery Pete Facebook page this week:It's Worth More Than $1,500 A farmer from Michigan called me yesterday with a question. Seems he owns a very nice condition AC WD45 tractor…

Used grain carts are hot By: 08/26/2010 @ 11:06am

“Don’t film the beans.”That was the unusual request directed at me early Tuesday morning as I strolled onto the farm yard for the auction by Sullivan Auctioneers in Hannibal, MO. The playful request came…

Used grain carts are hot By: 08/26/2010 @ 11:01am

“Don’t film the beans.”That was the unusual request directed at me early Tuesday morning as I strolled onto the farm yard for the auction by Sullivan Auctioneers in Hannibal, MO. The playful request came…

Machinery Pete: Serial #1 IHC 1206 & Deere 2510 tractors By: 08/19/2010 @ 9:29am

Wow, did I have a fun Monday this week.I was down in Klemme, Iowa, in the rich farmland of Hancock County just southwest of Mason City. I was following up on an email I got last December out of the blue from…

Machinery Pete: Serial #1 IHC 1206 & Deere 2510 tractors By: 08/19/2010 @ 9:27am

Wow, did I have a fun Monday this week.I was down in Klemme, Iowa, in the rich farmland of Hancock County just southwest of Mason City. I was following up on an email I got last December out of the blue from…

Machinery Pete: 1954 Super MTA high crop sold for $51,000 By: 08/12/2010 @ 9:38am

Interesting contrast.First something old. An antique tractor collector auction last Saturday, August 7th, in southeast Wisconsin by Mecum Auction. A ton of great restored and unrestored old tractors on this…

Machinery Pete: 1954 Super MTA high crop sold for $51,000 By: 08/12/2010 @ 9:36am

Interesting contrast.First something old. An antique tractor collector auction last Saturday, August 7th, in southeast Wisconsin by Mecum Auction. A ton of great restored and unrestored old tractors on this…

Machinery Pete's watch list for the rest of 2010 By: 08/04/2010 @ 11:00pm

Two things to share this week.First is my “Pete’s Watch List for Rest of 2010”. This is a list of seven bullet points, current themes/trends in the used farm equipment market I’ll be keeping a close…

Machinery Pete's watch list for the rest of 2010 By: 08/04/2010 @ 11:00pm

Two things to share this week.First is my “Pete’s Watch List for Rest of 2010”. This is a list of seven bullet points, current themes/trends in the used farm equipment market I’ll be keeping a close…

Machinery Pete: Self-propelled sprayer values soften By: 08/01/2010 @ 11:00pm

"Give me a range of values what you think it's worth, Pete."Think I've heard that line a few times? I love it. Right up my alley with all this sale price data I've been compiling now for nearly…

Machinery Pete: Self-propelled sprayer values soften By: 07/28/2010 @ 11:00pm

"Give me a range of values what you think it's worth, Pete."Think I've heard that line a few times? I love it. Right up my alley with all this sale price data I've been compiling now for nearly…

1973 Oliver 1755 Tractor Sells for $13,000 By: 07/21/2010 @ 11:00pm

I'm going to go visual on you this week.Auction sale prices yes, but also pictures and video. First up let's head to north-central Illinois for an auction held July 17th. This sale was by auctioneer…

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Waiting For the Planting Window