Despite the struggling farm economy, equipment values are standing their ground ... According to Peterson, machines that are one to three years old with a warranty intact, continue to sell ...

During that time, commodity prices dropped and values on all types of large late-model used farm equipment followed ... There’s still a lot of “old money” out there buying on the auction ...

As a rule of thumb, farm equipment brokers charge a 10 percent commission of the total value of the farm equipment that was successfully sold. There are however, exceptions to the rule.

Jimmie Nelson has helped keep the history of his family's farm alive, by restoring old farm equipment that was used by ...