The slump in new farm machinery sales accelerated in 2025 as growers continued to endure economic pressure and high production expenses, experts say. In 2025, unit sales decreased about 22% for new ...

Greg "Machinery Pete" Peterson said auction sales of late model used large farm equipment have soared while prices have plummeted. He talked about the state of the industry at the Big Iron Farm Show.

Demand for pre-def tractors is “still strong,” according to Machinery Pete - Greg Peterson, and there are some in the market that think farmers should maybe consider the potential to score attractive ...