In this episode, Casey Seymour and Machinery Pete analyze current trends in the agricultural equipment market, auction prices, and the impact of external factors like geopolitical events. They explore recent auction results, the value of used machinery, and future market predictions.

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This episode features Machinery Pete discussing recent auction results, equipment pricing trends, and the impact of EPA regulations on used farm equipment. Insights include the premium prices for well-maintained machinery, the effects of equipment deletions, and market dynamics influenced by regulatory changes.

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Casey and Greg share compelling data on recent auction results which underscores the industry’s intense interest in high-quality, well-maintained equipment—even in challenging economic conditions, look at the “magic number” to invest in older equipment, look at supply challenges, and much more.

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Why are auctions booming while the ag economy shows signs of strain? Casey Seymour and Greg Peterson tackle that question in this episode of Moving Iron. They break down the spike in auction volume, strong demand for 5–15 year-old equipment, and why farmers continue to favor used over new. With more farm sales tied to retirements and financial pressure, supply is rising—but so are prices for the best machines. The conversation goes beyond iron, diving into inflation, oil markets, global economic trends, and what history tells us could be coming next. If you want to understand where equipment values—and the ag economy—are headed, this episode delivers.

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In this episode, Casey and Greg break down a red-hot used equipment market that continues to defy broader economic signals. Premium, low-hour machines are commanding record prices at auction, while dealers are quickly running out of 5–10-year-old inventory. They also dive into the growing demand for pre-emissions equipment and the surprising strength of collector interest in older models. But with retirements increasing and demographics shifting, what does the future buyer pool look like?

Plus, the conversation turns to extreme weather—where drought, wind, and wildfires are already creating major challenges across ag country. From “powder dry” soils to shrinking hay yields and rising baler prices, the ripple effects are hitting both producers and equipment markets. The guys also explore how new hay technology is improving efficiency—but at a cost that requires careful ROI consideration.

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Seasonality is driving more than just the weather—it’s moving iron across the country in a big way. In this episode of Moving Iron, Casey Seymour breaks down how tractors, combines, and equipment are shifting region to region—and why those movements matter more than ever in today’s market. From major differences in regional specs across the Northern Plains, High Plains, and Corn Belt to the push toward more standardized equipment, the guys dig into how manufacturers and buyers are adapting in a changing landscape. But legacy equipment and localized preferences still present real challenges.

They also tackle the bigger forces at play: how $7 corn reshapes buying behavior overnight, why rising equipment costs and tighter farm incomes are fueling more auctions, and what the lack of a new Farm Bill means for the road ahead. Market analyst Sean Hackett joins the conversation to unpack extreme volatility across commodities—driven by Federal Reserve decisions, rising energy costs, geopolitical tensions, and unpredictable global trade dynamics. From U.S.-China soybean uncertainty to Brazil’s growing competition, the global picture is anything but stable.

If you’re trying to understand where equipment values—and the ag economy—are headed next, this is an episode you don’t want to miss. Buckle up… it’s time to move some iron.

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In this episode of Moving Iron, Casey Seymour and Greg Peterson break down the forces shaping today’s ag equipment market. From emerging drought concerns in parts of the Midwest to the ripple effects of El Niño forecasts, weather remains a key wildcard for farmers heading into the spring season.

The conversation also dives into the booming auction market, where record prices for vintage tractors and strong demand for late-model machines are being fueled by tight inventory and aggressive buyers. Casey and Greg discuss how many farmers are adapting by downsizing or upgrading within the same model line instead of buying brand-new equipment—making well-maintained used iron more valuable than ever.

They also explore how retrofits and component upgrades are influencing resale value, why proper documentation can make or break a sale, and how auctions have become a go-to strategy for moving older machinery in today’s competitive market.

If you want to understand the trends and market forces impacting the value of your equipment, buckle up—it’s time to move some iron. 🚜

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On this week's episode of Moving Iron, Casey Seymour is joined by Greg "Machinery Pete" Peterson, Shawn Hackett, and Aaron Fintel. The crew tackles a variety of topics that will impact everything from commodity markets to the agricultural equipment marketplace. They shed light on auction trends, marketplace dynamics, and the changing realities farmers face.

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