If you love buying used farm equipment, you’re going to love what Greg “Machinery Pete” Peterson has to say about the latest trends in prices. But before you get too excited, Peterson says that while the price dynamics might have shifted to favour the buyer, it’s only a slight shift, and it certainly doesn’t cancel… Read More

Thanks for tuning into this Wednesday edition of RealAg Radio! On this episode, host Shaun Haney is joined by: Greg Peterson, otherwise known as Machinery Pete, on used equipment prices and the trends he is seeing; Justin Funk with RealAgristudies on the data from the January Canadian Farmer Sentiment Index survey; Lance Zimmerman with Rabobank… Read More

While year-to-date numbers from the Association of Equipment Manufacturers have been weak in terms of new equipment sales numbers, especially for 4-wheel drive tractors and combines, the used equipment market has been strong. As the cost of new equipment has soared, used machinery — even something as old as 15 plus years — has become… Read More