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.

However, using those experiences to predict how used farm equipment values will behave coming out of a strong up cycle into a slower, tighter time in the ag economy is dangerous, in my opinion.

The market for good, quality used farm equipment such as tractors and hay combines is huge worldwide. Selling just one piece of equipment per week can generate business revenues of $200,000 per ...

He added that the company aims to eliminate the uncertainties involved in transactions, thereby empowering small landholding farmers who often struggle to buy reliable used tractors from broker ...