Machinery Pete talks COVID-19 virus and the immense impact on the farm auction industry

Machinery Pete talks about the COVID-19 virus and the immense impact on the farm auction industry. Pete walks us through the past week day by day as auction firms dealt with unprecedented challenges and rose to meet them to serve both buyer and seller. Pete interviews auctioneers Dan Sullivan with Sullivan Auctioneers (IL) and Allen Henslin with Henslin Auctions (MN) about what the past week has been like. Pete also comments on how used farm equipment values held up over this challenging week.[:30] - Impact of Coronavirus on auction market[2:00] - March 11 - right before the world changed[11:00] - Updates on auctions moving online[20:31] - Interview with Dan Sullivan begins[26:10] - Dan previews upcoming sales[28:53] - Allen Henslin interview begins[30:20] - Henslin’s upcoming sales[32:10] - How are the crowds at auctions?[40:10] - Final words from Machinery PeteMachinery 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 Machinery Pete Podcast in 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 really helps others find the show.