Equipment sales are down across 10 states, thanks to a post-pandemic glut and narrow farm margins. Here’s what to know moving ...
A record-setting sale of an 18-year-old pre-DEF semi has Machinery Pete pointing to strong demand for used equipment, even as high prices and weak demand continue to weigh on the new farm machinery ...
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?
Today’s high prices are on top of those increases from a decade ago. They come from the increasing cost of raw ...
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.
President Donald Trump on Monday said that farming equipment has become too expensive and manufacturers such as Deere (DE) ...
President Donald Trump is pressuring major farm-equipment manufacturers, to lower tractor prices as part of his rollout of a $12 billion farmer relief package.
Many farm operators provide some type of custom work or use of farm machinery to other farmers during the growing season, and payment is usually made following the completion of the harvest season.
America has moved on from the pandemic, but the industries that produce its vehicles haven’t. Car and light truck sales rose 2.5% through June, and 2025 could wind up the best year in volume since ...
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