Machinery Pete Podcast

Pete gives update on the red-hot farm equipment market and then welcomes guest John Phipps, former host of US Farm Report TV show and current eastern Illinois farmer and columnist/contributor to Farm Journal, Top Producer, AgWeb.com, to the podcast for a fun wide-ranging conversation including what to do about China, the supply chain issue, the issue of small rural farming communities pulling apart and what can be done, and a look into John’s Engineering roots and early days as a Nuclear Energy Officer on the USS Seahorse fast attack submarine.

Show Notes

Pete gives update on the red-hot farm equipment market and then welcomes guest John Phipps, former host of US Farm Report TV show and current eastern Illinois farmer and columnist/contributor to Farm Journal, Top Producer, AgWeb.com, to the podcast for a fun wide-ranging conversation including what to do about China, the supply chain issue, the issue of small rural farming communities pulling apart and what can be done, and a look into John’s Engineering roots and early days as a Nuclear Energy Officer on the USS Seahorse fast attack submarine.

  • [:46] - Market update
  • [10:20] - Intro of today’s guest
  • [12:01] - Interview with John Phipps begins
  • [16:33] - John’s engineering background
  • [32:04] - The change of rural culture
  • [44:40] - How to be optimistic about the future
  • [1:02:05] - Flow of cash and inventory, online auctions
  • [1:12:37] - Supply chain issues
  • [1:15:47] - Thoughts on China
  • [1:33:00] - Kurt Miller on 1973 John Deere 4430  
  • [1:36:10] - 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