Machinery Pete Podcast

Informações:

Sinopsis

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

Episodios

  • Kansas Farmer to Nationwide Restauranteur – Jason Ingermanson of Solomon, KS

    11/03/2024 Duración: 01h18min

    Machinery Pete chats with Jason Ingermanson of Solomon, KS whose beautiful line of farm equipment, including a ’22 John Deere X9 1100 combine with only 107 sep. hours, is selling on March 20, 2024 online auction by www.PurpleWave.com. Beyond the auction, we learn of the amazing growing restaurant biz Ingermanson has built since 2011, with 100 locations in 15 states with 3 strong growing brands. We also learn about how Ingermanson is giving back in a HUGE way with a program in cooperation with Kansas Wesleyan University in Salina, KS, aimed at helping motivated young people gain an actual vibrant entry way into a career farming.[:34] - Machinery Pete previews today’s guest[5:25] - Interview with Jason Ingermanson begins[6:05] - Jason’s items in March 20th sale, how he’s maintained his machinery[14:30] - Growing up and why Jason wanted to become a farmer[20:20] - How Jason got into the restaurant business[33:30] - Philosophy and process of running successful restaurants[39:07] - Advice to young people[47:48] -

  • Rodney Miller – Founder/Host of “Small Town Big Deal” TV Show and Big IHC Collector

    12/02/2024 Duración: 01h19min

    Machinery Pete chats with Rodney Miller, host of the well-loved TV show “Small Town Big Deal” on RFD-TV and 300 other TV stations across the country. Rodney has deep farming and farm equipment roots, being from Benton, IL where he still has a farming operation. He was also a force behind the growth of Montana Tractors from $3M in annual revenue to $80M+ back in the day, before moving on to CEO position with McCormick. Rodney is a huge IHC tractor and equipment collector and shares many wonderful stories with Pete on all things Red equipment, including a Fire Truck that was actually at Ground Zero on 9/11.[:34] - Machinery Pete’s gives background on today’s guest[5:31] - Interview with Rodney Miller begins[11:46] - About Rodney’s show “Small Town Big Deal”[22:11] - The first episode, importance of telling stories of veterans[26:15] - Positivity in media[31:56] - Rodney’s tractor collection[45:09] - Growing up in Benton, IL, farm roots[1:14:02] - Final words from Machinery PeteMachinery Pete was founded in 1989

  • Conversation with Aaron McKee – Founder/CEO Purplewave.com

    17/11/2023 Duración: 01h03min

    Machinery Pete talks fast-moving changes in the auction industry with recent notable consolidations and rapid technological advances. Pete chats with Aaron McKee, Founder/CEO of Purplewave.com, a long time leader in the online only auction space, about their big news last month (Oct. ’23) of a new partnership with Copart, Inc., a worldwide leader in the online auto auction space. [:35] - Machinery Pete’s talks consolidation  [11:06] - Interview with Aaron McKee begins [11:45] - Purple Wave and CoPart’s partnership [15:25] - Finding the right sellers to work with [20:24] - Early days of Purple Wave [26:03] - Why Purple Wave believes in no-reserve auctions [34:27] - Helping people make big decisions [47:09] - How Aaron got into the auction business [59:04] - 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 incl

  • Tractor Collector Market Trends with Kurt Aumann

    20/10/2023 Duración: 53min

    Machinery Pete catches up with Kurt Aumann, owner of Aumann Vintage Power in Nokomis, IL. Kurt has been one of the foremost auctioneers in the vintage tractor, farm memorabilia, pedal tractors, toy tractors and farm signs space for decades. Kurt and Pete talk about Aumann Vintage Power 5-Day Annual Fall Auction Oct. 22-26 plus the 14 collector auctions they have coming up Oct. 27 – Dec. 3, 2023. [:40] - Machinery Pete’s intro, latest market update [5:48] - Interview with Kurt Aumann begins [10:00] - About the items in the sale [14:56] - Connecting with people and adapting to online-only auctions  [19:09] - What is the rarest tractor Kurt has seen? [29:35] - State of collector market [38:00] - Connection between farmer & tractor [50:34] - 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 w

  • Black Star – New Way to Sell, Find and Appraise Heavy Equipment

    28/07/2023 Duración: 45min

    Machinery Pete talks about the heavy construction equipment market with Andrew and Mike LeMaster with Black Star, an emerging company with a growing footprint across the U.S. helping folks sell, find and appraise all types of heavy construction equipment. The company aims for a more personal touch in the buying/selling process and utilizes innovative new means to get the word out on their current $27M of heavy equipment listings for sale. www.blackstaraca.com [:40] - Machinery Pete’s intro, setting up today’s topic [3:22] - Interview with Anndrew and Mike LeMaster begins [8:25] - Black Star’s footprint & knowledgeable team [13:59] - Equipment catalog  [19:30] - What does a piece of equipment mean to that owner? [25:00] - Working analytically post-pandemic [31:15] - What equipment is in demand in 2023? [37:17] - Items currently for sale [43:14] - 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.

  • Morton Buildings – Repair & Renovation with Jeremiah Fairbanks

    02/06/2023 Duración: 49min

    Antique tractors aren’t the only thing being restored on the farm today. Machinery Pete talks with Jeremiah Fairbanks, General Manager of Repair & Renovation with Morton Buildings about the company’s storied 120-year history dating back to 1903, how it transitioned a few years to a 100% employee-owned company and specifically about the company’s strong and growing focus on the Repair & Renovation aspect of its business. [:40] - Machinery Pete’s intro, equipment market update [4:25] - How a LinkedIn message led to this episode’s conversation [5:44] - Interview with Jeremiah Fairbanks begins [8:13] - Repair/renovation process, history of Morton Buildings [16:43] - Jeremiah’s construction background [20:13] - Why people renovate and how the process works [27:18] - Building trends, supply chain challenges [35:25] - Student opportunities with Morton Buildings [40:28] - Final words from Machinery Pete Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace

  • Jess Settles – Winfield, IA Farmer and College Basketball Legend

    29/03/2023 Duración: 01h05min

    With March Madness coming to a head with the NCAA Final Four this week, Machinery Pete talks with Jess Settles – farmer from Winfield, IA and Iowa Hawkeye basketball legend, also TV college basketball analyst on ESPN, Big Ten Network and Fox Sports. Settles talks about growing up on the farm in Winfield, IA, his family’s deep farming roots, his basketball journey that carried him to the University of Iowa and star status in the mid 1990’s. After his playing days ended, Settles transitioned to TV work. Farming and basketball stories and memories flow in this Pete and Jess conversation. [:35] - Machinery Pete’s intro, equipment market update [5:33] - Interview with Jess Settles begins [8:10] - Jess’s early Iowa days, growing up on the farm [16:26] - Graduation from high school, college basketball career [25:40] - Battling injuries [32:02] - Post career days; coaching and TV [40:18] - Modern basketball [50:13] - New strategies in farming and basketball [1:01:30] - Final words from Machinery Pete Machinery Pete

  • Machinery Pete Advice to Young Farmers + News of New Auction Company – Merit Auctions

    21/02/2023 Duración: 02h26min

    Machinery Pete looks back over his 33+ year career and pulls together his best tips and advice to young farmers. Pete also talks with Zach Hiner, Jim Huff and John Probasco with the new auction firm Merit Auctions of Fort Madison, IA. Hiner, Huff and Probasco have over 100 years experience in the auction biz. They already have 10 auctions on the books, including a huge Feb. 28, 2023 online sale for Ag Pro, a large John Deere dealer in Ohio, Georgia and the southeast U.S. [:40] - Machinery Pete’s intro, episode topics [3:20] - Equipment market update [6:23] - Recent auction recaps [11:55] - Advice for young farmers: theory of opposites, eye contact [29:44] - Buying opportunity in tough market, Rule of 12 [38:25] - Interview with Zach, Jim and John begins [42:53] - Upcoming sale closing Feb. 28 [51:33] - Market advice from the Zach, Jim and John [1:06] - 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 equipmen

  • North Prairie Butchery in Faulkton, SD – The Dream Becoming Reality

    18/11/2022 Duración: 39min

    The story of North Prairie Butchery in Faulkton, SD, the dream project coming into reality of Troy Hadrick, a 5th generation cattle rancher in northeast South Dakota. Hadrick recently received a $2.2M grant from the Meat and Poultry Processing Expansion Program to build a 25/day head beef/pork/bison processing facility in Faulkton, SD to help expand our country’s pinched meat and poultry processing capacity and increase diversity in our nation’s food supply chain. Momentum is building quickly for the needed project. [:35] - Machinery Pete’s intro, teeing up today’s interview [3:42] - Interview with Troy begins [4:23] - Troy’s project overview, expanding on his ranching business [12:45] - Project timeline from construction to production [17:23] - Faulkton, SD - a forward thinking community [20:19] - Creating jobs, retail impact, customer feedback [29:30] - Grant award process [34:12] - Troy’s insight on the bison market [36:06] - Final words from Machinery Pete Machinery Pete was founded in 1989 and has grown

  • Gary & Julie Peterson of Beresford, SD Reflect on Farming Career and Upcoming Auction Nov. 26

    04/11/2022 Duración: 41min

    Machinery Pete visits with Gary and Julie Peterson in their farm shop in Beresford, SD in advance of their upcoming, highly-anticipated John Deere collector tractor auction November 26, 2022 in Lennox, SD by Westra Auction Land & Realty featuring the Peterson’s (6) rare open station 40 and 50 Series John Deere tractors. Gary and Julie share the story of their farming career and talk about how their tractor collecting got started, what drove it and how they are feeling as sale day approaches. [:34] - Machinery Pete’s intro, latest auction prices [4:45] - Previewing the Petersons’ auction [10:14] - Conversation with Gary and Julie begins [13:30] - How Gary and Julie met, growing up on family farms [17:55] - Farming life in the 1980s [20:24] - Advice for young farmers [26:15] - Gary’s retirement and getting into collecting [30:18] - Beginnings of the collection, what’s for sale and emotions of selling [37:43] - Final words from Machinery Pete Machinery Pete was founded in 1989 and has grown from its humble

  • TheAirSeederChick – Devin Marcin with Quality Drills

    22/09/2022 Duración: 47min

    Machinery Pete conversation with Devin Marcin, Operations Mgr. with Quality Drills in Windsor, Colorado. Devin is known as “TheAirSeederChick” on Instagram. Marcin tells of her journey from growing up in the non-ag world of suburban Denver, CO into the hands dirty world of customizing and optimizing farmer’s used John Deere air seeders and planters throughout the U.S., Canada, even down under to Australia with Quality Drills. (www.qualitydrills.com) [:34] - Machinery Pete’s intro [7:08] - Conversation with Devin Marcin begins [12:01] - What Quality Drills does [16:58] - Traveling far and wide [26:29] - Devin’s early years and how she got into ag [34:28] - How Devin grew on social media [39:20] - What’s the current vibe at farm shows? [42:44] - 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

  • When Will The Other Shoe Drop? Machinery Pete on Future of Used Farm Equipment Values

    06/09/2022 Duración: 50min

    Machinery Pete has been asked a growing number of times throughout 2022, “Pete, when will the other shoe drop with used equipment values and how far will they fall?” Pete tackles this question head-on diving deep into multiple sources of market data and relevant anecdotal stories and comes out with an answer that will surprise many if not most in the ag space. [1:11] - Machinery Pete’s intro - “When will the next shoe drop?” [3:55] - Iowa farmers sell Peterbilts for more than what they paid new [8:01] - Ritter Cox anecdote on equipment wait times, high prices [10:58] - The shoe can’t drop - times are different now [17:31] - Larger dealerships’ approach to the market [20:01] - The pandemic’s impact on the ag equipment market [23:20] - What’s ahead with this market and what should the farmer do? [35:27] - Record prices of the last two months [46:52] - 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. G

  • BigIron and Sullivan Auctioneers Combine Forces in Monster Deal This Week

    04/08/2022 Duración: 52min

    Machinery Pete talks with guests Mark Stock of BigIron.com and Dan Sullivan with Sullivan Auctioneers about the mega deal announced this week that saw BigIron acquire Sullivan Auctioneers. The two dominant online auction companies in the farm machinery/land space combine forces looking to better serve their sellers with an even greater reach. [:23] - Machinery Pete’s intro - celebrating anniversaries and the BigIron/Sullivan deal [4:09] - Conversation with Mark Stock and Dan Sullivan begins [5:11] - Mark shares how the deal came together [7:28] - Dan’s excitement about the partnership [15:00] - Mark and Dan on serving sellers and adapting to changes in the ag industry [18:47] - Structure of the partnership [38:43] - Looking ahead to the future [41:34] - 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 includi

  • Missouri Farmer Selling (5) IHC 2+2 Tractors on Machinery Pete July 19 Online Auction – Including 1st 6788 made!

    12/07/2022 Duración: 45min

    Gary Perkins of Green City, MO is selling (6) IHC/Farmall Tractors on July 19 Machinery Pete Monthly Online Auction, including (5) more rare “2+2” models, one of which is the very 1st IHC 6788 ever made, a 1981 model with only 2,657 actual hours on it. Pete interviews Gary about his amazing 6788 and also his IHC 6588, 3788, pair of 6388’s and his 1955 Farmall 300, all selling on the July 19 Machinery Pete Monthly Online Auction. [:38] - Preview of 7/19 auction, interview tease [4:00] - Partnership with Dawson Tire & Wheel [7:51] - Highlights of upcoming auction [19:03] - Conversation with Gary Perkins  [40:26] - 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.If you'd like to receive new episodes as they're published, please subscribe to the

  • Massey Ferguson 175 Year History – 1847 – 2022

    06/07/2022 Duración: 37min

    Machinery Pete talks Massey Ferguson History, as in the 175 Year Anniversary dating back to 1847. Special guests from Massey Ferguson join Pete, Darren Parker, VP of Massey Ferguson North America, and Adam Sills, Marketing Product Specialist, Tractors. A cool opportunity is discussed for proud Massey Ferguson tractor owners to potentially have their prize Massey displayed at the 2022 Farm Progress Show in Boone, IA at the Massey Ferguson exhibit. [1:50] - Market update - recent auction prices [6:08] - Interview with Darren Parker and Adam Sills begins [8:21] - 175th Anniversary photo contest [12:58] - New 8S series [20:59] - History influencing future products, working with farmers [25:11] - Where is Massey Ferguson headed? [31:52] - 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

  • Bernie Poore – Retired John Deere Engineer and His 1982 Model 4640 Tractor with 1,857 Hours

    13/06/2022 Duración: 01h14min

    Machinery Pete talks with Bernie Poore, retired John Deere Engineer, about his 1982 John Deere 4640 tractor with only 1,857 hours selling on June 21st Machinery Pete Monthly Online Auction and his 2005 Chevrolet 3500 Silverado dually 4x4 crew cab with only 55,906 miles also selling on the June 21 online auction. Bernie and Pete talk about Poore’s 41-year engineering career with John Deere, which began in 1965 working on 4020 tractors up through the 8000/9000 Series tractors, in addition to tales of working on Deere combines from 45/55/95/105 models up into STS Series + stories on how Deere considered the utility vehicle and precision ag markets long before either developed. [:29] - Planting season equipment market update [5:32] - Interview with Bernie Poore begins [8:30] - Working on the 4640 engine [12:47] - About Bernie’s auction items [17:42] - Bernie’s start at John Deere [29:57] - Working on tractors and taking feedback from dealers and customers [38:55] - Deere marketing  [41:58] - Bernie’s work on comb

  • Joel Everitt – 3rd Generation Auctioneer From Strawberry Point, IA

    27/04/2022 Duración: 01h01min

    Machinery Pete’s conversation with Joel Everitt of the legendary Everitt auction/farm equipment family of Strawberry Point, IA. Joel’s grandfather started out in the 1950’s and was followed into biz by Joel’s father Jerry. Pete and Joel talk about the amazingly HOT current used farm equipment market and all the changes to the auction biz over the years, including rapid change since the pandemic hit in 2020. [:43] - Used equipment market update for March/April [11:59] - Interview with Joel Everitt begins [13:27] - History of Everitt family business [18:55] - About Everitt auctions and striving for happy customers [26:02] - Life under the pandemic [34:32] - Hedge buying [41:37] - Finding good internet in the country, life with Joel’s kids [46:38] - Current market talk and outlook [59:53] - 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 Pe

  • Neil Messick – 3rd Generation Farm Equipment Dealer From Pennsylvania Who is Rocking Youtube

    09/04/2022 Duración: 47min

    Machinery Pete highlights recent strong auction sale prices from the northeastern U.S. and stays with the northeastern ag focus for a conversation with guest Neil Messick, 3rd generation farm equipment dealer with Messick’s Farm Equipment, a 5-location Case IH / New Holland / Kubota dealer in southeast Pennsylvania. Neil is the driving force behind Messick’s huge Youtube audience with over 106,000 subscribers and over 800 videos posted on a wonderful array of topics that result in highly engaging and educational online conversations about the videos and about agriculture. [:23] - Machinery Pete is back after a busy start to 2022 [2:10] - Northeast US equipment market update [9:28] - Interview with Neil Messick begins [18:47] - Growing up in the farm equipment business [23:17] - Messick’s YouTube success [34:03] - Selling equipment during a pandemic [36:20] - What does the future hold? [42:04] - YouTube tips [44:50] - Final words from Machinery Pete Machinery Pete was founded in 1989 and has grown from its hu

  • Inventor of The TireGrabber – Alberta Farmer Darcy Goossen

    11/02/2022 Duración: 43min

    Machinery Pete talks with farmer Darcy Goossen from Ferintosh, Alberta, Canada, inventor of the TireGrabber: the award-winning and head-turning, easy, new, safe way to change large ag tires. [:34] - Machinery Pete previews his upcoming farm show appearances [3:51] - Equipment market update [9:10] - Introduction to interview with Darcy Goosen. [11:10] - Interview begins, first TireGrabber sale, how Darcy got the idea [15:52] - Simple design; positive customer reviews [25:22] - Darcy’s family history and close relationship with his grandfather [30:41] - How the TireGrabber is made and how to use it [38:15] - Recent farm show feedback & looking ahead [41:45] - 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.If you'd like to receive new episodes

  • The Drago Corn Head Story – Continuing Growth

    18/01/2022 Duración: 49min

    Machinery Pete has a conversation with Dustin Bollig, VP Sales/Marketing Dir. with Dragotec USA, the North American distributor of Drago corn heads. Bollig relays the tale of how his family brought the Italian made corn head, which dates back to 1954, over to the U.S. and their Fenton, IA farm/factory in 2001 and the explosive growth the company has been seeing and reasons behind the growth. [:31] - Machinery Pete’s latest on the used equipment market [7:52] - Interview with Dustin begins [9:20] - Drago’s early days and starting up in Iowa [17:45] - What Dustin loves about selling corn heads  [19:45] - Less header loss and customer feedback [25:31] - Downed corn, header ROI [31:09] - New product and demand [40:45] - About the Italy plant [43:20] - Operations in Iowa [45:31] - 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 a

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