Equipment auctions feature eye-popping prices
Auction prices for used farm equipment are screaming higher as several market forces converge to create an unprecedented situation.
“In the 32 years I’ve been doing this, I’ve never really seen a time like this,” Greg Peterson, better known as “Machinery Pete,” said last week during an educational session at the Iowa Farm Bureau annual meeting in Des Moines. “It’s the hottest equipment market — new and used — ever. It’s ...
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