Articles Tagged with ''machinery pete''

Greg Peterson

Machinery Pete: 3 Examples Illustrate Surprises in Today’s Machinery Market

November is off to quite an interesting start. I saw some very strong auction prices during the first 10 days of the month. These strong auction sale prices don’t surprise me — even in this stubborn down ag economic cycle we’re stuck in. Why am I not surprised? Because it’s the same thing I’ve been seeing now for 6 years in a row now going back to 2010.
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Greg Peterson

Machinery Pete: The Future in One Word

Plastics were the one word future in 1967. Here in 2016 the one word future is drones. This is true even when it comes to the used farm equipment biz. For more than 3 years now I’ve been talking and writing quite a lot on the subject of “personalizing” the used equipment you are trying to sell to make it worth more money to potential buyers.
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Greg Peterson
Used Equipment: Market Values & Trends

Machinery Pete: How and When to Move Your Excess Used Inventory

What I’m hearing: Negative vibes from folks all over, batten down the hatches, don’t feel like buying. What I’m seeing: In January and February 2016 there were very strong auction sale prices on good condition used farm equipment all over and many dealers aggressively cranking down used inventory levels. Stuff is moving.
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