Given the wet soil conditions on our collective minds not surprising that we have been seeing very strong auction sale prices on good condition used track tractors. Very strong prices.

Truths About the Used Tractor Market Three recent farm auctions in Kentucky, Missouri and Iowa provide perfect examples of how supply is rising yet prices are still strong for used tractors ...

Farmers are holding on to more of their used equipment and bidding up prices for anything available, according to Greg Peterson of MachineryPete.com.

For good used tractors they will go anywhere and almost pay anything to acquire them." Peterson said low-interest loan rates and tax breaks have also helped boost machinery prices.

So it might be tempting to look for used gear at a yard sale or flea market. But buying a used tractor for thousands off the original price isn’t a good deal if it only cuts for a single season.

SPARTA, Ill. — Greg Peterson, the used farm equipment guru known as Machinery Pete, has a simple answer when asked about the meteoric rise in market values in recent years.