On this episode of Moving Iron, Casey Seymour and Greg Peterson break down the volatility in late-model high-horsepower tractor pricing, spotlighting recent auction swings of the Case IH Steiger 470 Quadtrac.

From a record $493,250 sale in early 2024 to a sharp drop just months later, dealer oversupply sent prices tumbling. But by mid-2025, the market began to stabilize — and recent auction results show signs of recovery. Buckle up… it’s time to move some iron.

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In this week’s episode, Casey Seymour and Greg “Machinery Pete” Peterson looked at recent auction results, shifts in demand and supply while providing insights into buyer behavior and demand trends, and industry events. Rich Posson and Aaron Fintel join to provide their insights

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Casey Seymour and Greg "Machinery Pete" Peterson offer key insights into the agricultural equipment marketplace, recent auction trends, and the potential impact of evolving EPA guidelines. Later in the episode, Shawn Hackett joins and dives deep into the ongoing weather volatility across the U.S., shifting dynamics in commodity markets, and broader implications for agriculture and livestock industries. Finally, we end the episode with Aaron Fintel explore recent regulatory developments from the Environmental Protection Agency regarding DEF systems, along with the broader implications for farming equipment and operations.

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On this episode of Moving Iron, Casey Seymour and Greg Peterson dive into the latest signals from the Arkansas auction—and the story is clear: quality iron is in high demand. Near-new machines are bringing premium prices, three-to-five-year-old equipment is leading the charge, and buyers are more confident than ever in the used market. The conversation also covers how video, digital promotion, and honest storytelling are changing the auction game, especially as buyers search across regions and bid online. Technology may be driving reach, but trust is still the currency that closes the deal. Let’s move some iron.

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In this episode of Moving Iron, Casey Seymour is joined by Greg “Machinery Pete” Peterson to break down the rapidly shifting dynamics of the used agricultural equipment market. From dramatic declines in late-model auction volumes to changing pressure points between dealers and farmers, the data tells a powerful story about where the market has been—and where it’s heading.

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In this episode, Casey and Greg dig into why the used farm equipment market is proving far more resilient than expected, with older machines holding strong at auction while new equipment continues to take heavy depreciation hits. They break down how weather, market pressure, and operational pivots are reshaping auction lineups — including the surprising influx of low-hour, late-model equipment as farms restructure and shift focus.

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In this episode of Moving Iron, Casey Seymour and Greg Peterson break down the shifting dynamics shaping the ag equipment marketplace—and why 2026 could mark a major turning point. From surprising strength in auction values to unprecedented shortages in combines, the market is behaving in ways few expected. Casey outlines signals pointing to stabilization in supply, demand, and pricing, while Greg shares eye-opening auction results, including record-setting prices for older John Deere tractors. Together, they explore how buyer behavior is evolving as farmers adapt to high new-equipment costs by extending machine life, prioritizing quality, and leaning into well-maintained older iron.

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On this episode of Moving Iron, Casey Seymour and Greg Peterson dig into the shifting foundations of the agricultural equipment market and what they mean for dealers, farmers, and anyone tied to iron. From stabilizing auction prices to longer trade cycles and a shrinking supply of late-model machines, the ag equipment landscape is undergoing a structural reset.

The conversation breaks down how post-COVID pricing, depreciation changes, and high-hour inventories are reshaping buyer behavior and dealer strategies—pushing more attention toward six- to ten-year-old equipment and well-maintained older iron. Casey and Greg also explore the ripple effects of rising new equipment prices, inventory imbalances, and how ownership economics are forcing farms to run equipment longer and consolidate smarter.

Beyond iron values, the episode tackles transportation and logistics realities, including why asset-based carriers matter, how to properly vet and insure haulers, and the growing regulatory hurdles around CDL licensing. Add in generational challenges, digital buying trends, and a look ahead to a market correction stretching into 2026, and this episode delivers a clear-eyed view of where the ag equipment business stands—and where it’s headed. I

f you want to understand the market forces impacting the price of your iron and how to adapt to the new normal, buckle up…it’s time to move some iron. 🚜

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