MachineryPete.com, the fastest-growing used farm equipment marketplace, announced the company is expanding its position in the used equipment market and is launching Machinery Pete Auctions. This new ...

This year, auction prices on all types of construction equipment have been strong. I have been tracking auction prices on heavy equipment for 34 years now, and in the past year alone, I’ve compiled ...

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 ...

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.

JASPER, Mo. — Two men with stripes of their own meet in a lobby under construction in Jasper. Steve Tong wears a sweatshirt that says “The Buckeye State: Ohio.” ...

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 ...