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Machinery Pete's tournament-time auction price quiz

"It's NCAA basketball tournament time: Have you caught the fever? Hope your NCAA tourney picks are doing better than mine. I won't be heading to Vegas anytime soon," says Greg "Machinery Pete" Peterson. "But don't fret if your picks have gone astray! Machi

Tractor sale price report

Machinery Pete is getting calls on a daily basis about how wild the used machinery market is right now. "The whole buying/selling/trading dynamic is being knocked for a loop by these rapidly rising used equipment values," says Machinery Pete. Learn what hi

Combine futures?

"Tons of zany stuff going on out there right now," says Machinery Pete. For example, a farmer purchased a new 2008 combine last fall. The machine hasn't been built yet, but he's already traded the paper on it for a new 2009 model. Record high prices conti

Don't sell for too little

If you've got a piece of equipment to sell, don't guess on what it's worth. "I've been tracking auction sale price data for over 18 years, and honestly, I have never seen a time where this current pricing data has been more needed," says Machinery Pete. Fi

Doubling up auction prices

At some recent auctions, Machinery Pete has seen several twofers. What's a twofer you ask? The same make and model of a piece of equipment selling at different auctions. "Like the pair of Case IH 7130 mechanical front-wheel drive tractors I've seen sell at

About Machinery Insider

Get the latest pricing information for late-model, low-hour equipment. Machinery Insider Dave Mowitz highlights what equipment is selling for at auctions and on dealers’ lots.

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