Machinery Pete Podcast

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  • Duración: 63:17:14
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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

  • June Auction Talk

    09/06/2025 Duración: 31min

    Machinery Pete spotlights pair of upcoming farm auctions, June 21 in Lime Springs, IA and June 26 in Merrill, IA featuring extremely nice low hour equipment line ups. Pete also recalls June Auction memories of one of the most memorable sales he's ever covered, a June 28, 2014 collector auction in Bedford, IA featuring amazing vintage Allis Chalmers and John Deere tractors. Pete also has monthly update chat with Jack Lyon of Alex Lyon & Son Auction in Bridgeport, NY on latest in the heavy equipment auction world

  • Girard Auction - Leaders in Farm Toy/Pedal Tractor Auctions

    25/04/2025 Duración: 41min

    Machinery Pete conversation with Ken Girard with Girard Auction & Land Brokers of Wakonda, SD about how he has built the auction company his late father Marv Girard started 55 Years ago in 1970 into a worldwide leading auction firm for Farm Toys, Pedal Tractors and Farm Memorabilia. Pete and Ken highlight the upcoming Jay Eudy Collector Estate Auction coming up Saturday, May 3 in Wakonda, SD featuring 100 Pedal Tractors and 200+ Farm Toys. Fascinating story about Jay Eudy and his connection to the Ag world

  • Used Equipment Market Update Early April ’25 + Jack Lyon Interview

    09/04/2025 Duración: 34min

    Machinery Pete talks through update on current used farm equipment market with lot of eye opening fresh examples from the auction front. Early ’25 has provided a very surprising market adjustment. Pete also gets monthly update from Jack Lyon with Alex Lyon & Son Auctions, largest family owned auction company in the world, on very latest in the used construction equipment market

  • The Ned Garver Story - Farm Boy From Ney, OH - 1950's Major League Baseball Star

    27/03/2025 Duración: 01h01min

    With the 2025 Major League Baseball season kicking off this week Machinery Pete shares the very timely tale from 70+ years ago of a young farm boy from Ney, OH who went on to become a Major League Baseball star, winning 20 Games as a pitcher for the 1951 St. Louis Browns who lost 102 games that year. After his baseball career Garver returned to Ney, OH and lived a quiet yet very involved life in his hometown. Story told by Dean Jackson who became a lifelong friend of Garver Greg.

  • Micheal Oliver - Wildcat Chevrolet - Cadiz, KY

    21/03/2025 Duración: 01h05s

    Machinery Pete heads to Cadiz, KY to talk with Micheal Oliver of Wlidcat Chevrolet. Micheal is a former John Deere dealer that transferred over to the automobile industry. If you'd like to receive new episodes as they're published, please subscribe to the Machinery Pete Podcast on Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It helps others find the show.

  • Story of Kerr Auction/Kerr Equipment of Mt. Sterling, IL – Amazing Growth!

    16/01/2025 Duración: 01h19min

    Machinery Pete provides his take on the used equipment market at the end of 2024 and into early 2025 to open this episode. He then welcomes in feature guests Alex and Gina Kerr with Kerr Equipment/Kerr Auction of Mt. Sterling, IL. The Kerrs’ 12 year old daughter Kay Kerr joins the conversation. Alex and Gina started Kerr Auction mid ‘24 and have already grown it exponentially to a three-state footprint with the original site in Mt. Sterling, IL as well as Alma Center, WI and Torrington, WY. Kerr Auction is also planning expansion into Pennsylvania. The Kerrs are passionate about farming, farm equipment and the auction biz. www.KerrAuction.com   www.KerrEQ.com[:34] - Machinery Pete gives a market update for the last two months of 2024[9:30] - Pete recaps his travels to November and December auctions[25:05] - Interview with Alex, Gina and Kay Kerr begins[30:38] - On the Kerrs’ backgrounds and how they started their business[41:11] - How auctions can be a whirlwind and remembering that it’s ok to ask for help[50

  • Neeralta Manufacturing – Grain Bagging System - Power of Listening To Your Farmer Customers

    10/09/2024 Duración: 52min

    Machinery Pete talks about the power of listening and how it helped him both on a personal development level and also as a business building tool over the past 34 years. Pete’s podcast guest, Rob Wierenga, partner with Neeralta Mfg. of Alberta, Canada also touches on how important listening to their farmer customers has been a vital component in building out the state of the art line of grain bagging/extracting equipment they provide, including grain bag loaders and grain bag extractors. Neeralta Mfg. company roots go back 40 Years to 1984.[:34] - Machinery Pete reflects on his trip to his high school reunion and previews the episode’s guest[9:58] - Interview with Rob Wierenga begins, history of Neeralta[11:52] - About the Neeralta grain bagging system[17:45] - Key to success of Neeralta: solution-based[23:56] - Grain bagging trends[28:58] - Unique innovations of Neeralta system[34:46] - Customer feedback[44:49] - Why Neeralta continues to grow[47:45] - Final words from Machinery PeteMachinery Pete was founde

  • Jake Bryce – Co-Founder of Machinery Scope

    24/05/2024 Duración: 01h08min

    Machinery Pete talks with Jake Bryce, Co-Founder of Machinery Scope (www.MachineryScope.com) in Alexandria, MN about the new partnership between Machinery Pete and Machinery Scope and also about Machinery Scope’s growth over the past 11 years since founding in 2013. Family owned business. Bryce brings his deep farming roots along with extensive experience on the farm equipment dealer side to bear in creating needed extended warranty options via Machinery Scope for dealers and farmers. Pete and Jake also talk in depth about the current used farm equipment market.[:35] - Machinery Pete previews today’s guest[3:56] - Interview with Jake Bryce begins[6:07] - Jake shares his farming background and about his years working on the dealer side[8:35] - Jake explains the new partnership with Machinery Pete and how Machinery Scope works[13:45] - Why risk management is important for equipment[18:38] - Analysis and trends of the used equipment and auction markets[24:00] - The value of having a warranty[30:45] - How will th

  • 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

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