Machinery Pete Podcast

Tag along with Machinery Pete to three farm auctions in 2019 on which 40-year-old tractors with low hours sold for record or near-record prices, continuing a trend Pete has been documenting for many years.

Show Notes

Tag along with Machinery Pete to three farm auctions in 2019 on which 40-year-old tractors with low hours sold for record or near-record prices, continuing a trend Pete has been documenting for many years.
  • [:53] – Machinery Pete teases his favorite auctions of 2019
  • [3:23] - What makes the John Deere 40 Series tractors so valuable
  • [5:21] - Audio from farm auction in Crescent, IA on 12/7/19
  • [8:48] - Machinery Pete recaps how the 4840 goes for a record price at the Crescent auction
  • [10:43] - Audio from Bingham Lake, MN auction where a 4640 sold for a high price
  • [18:36] - Machinery Pete offers perspective on how interest in 4640s has grown over the years 
  • [22:00] - Audio from estate sale in Lake City, MN
  • [26:29] - More on average prices of 40 Series tractors and compiling data over the years
  • [31:10] - Final words from Machinery Pete
Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace for farming equipment. Greg Peterson, founder and host, has also released Machinery Pete content across platforms including YouTube with his long-running Machinery Pete TV show.

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What is Machinery Pete Podcast?

Welcome to the Machinery Pete Podcast hosted by Greg Peterson, known to the industry as Machinery Pete. For over 30 years, Greg has been a trusted source of knowledge in the farming equipment industry. Starting with a gut feeling, Greg set off to bring more and better data to the agriculture space. He’s been a voice you can trust, no matter where you’re listening or reading.

In this podcast, Greg will be sharing stories and conversations from around the industry. The kinds of conversations that are longer and more meaningful than just a few soundbites. He’ll be adding context and color to stories from good people that make up the agriculture space. He’ll also be sharing the types of insights, trends, farming news and used farm equipment values from around the country that you’ve come to expect from him.

Founded in 1989 by Greg Peterson, Machinery Pete has come a long way since its beginnings in Greg Peterson’s home office in Rochester, Minnesota where he passionately researched, tracked and reported on auction prices. In 2014 Farm Journal and Machinery Pete partnered to provide a more efficient marketplace for buying and selling used ag equipment.


In July of 2015, MachineryPete.com launched its marketplace with leading-edge marketing solutions for dealers, informed and built with the online equipment shopper in mind and creates meaningful connections between buyers and sellers. The company is headquartered in Chicago, IL.

You can find out more at https://www.machinerypete.com/podcasts