Moving Iron Podcast

Despite economic uncertainty in the first months of this year, auction prices for ag equipment have remained strong. At recent auctions, Casey and Machinery Pete have seen record sale prices on late-model, low-hour used equipment. They’re especially impressed by the current sprayer market. On this episode, they also welcome guests from BigIron Auctions and Sullivan Auctioneers for a fascinating, behind-the-scenes look at the marketplace.

Co-hosts Casey Seymour and Greg Peterson (aka Machinery Pete) are two of the most respected voices in the business of ag equipment. If you want to understand what trends and market forces are impacting the price of your iron, you’ve come to the right place. Buckle up … it’s time to move some iron!

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The new tariffs placed on America’s largest export markets have hit commodity prices hard, adding even more uncertainty to the ag economy and the ag equipment market. While March and April are typically the busiest time of year for auctions, Casey and Machinery Pete wonder what the next couple of months will bring. But prices on good-condition, late-model equipment are holding steady, especially on combines. In this episode of Moving Iron, the hosts offer advice on marketing strategies for getting the best price on your used equipment. Aaron Fintel from 21st Century Equipment in Nebraska and Eddie Claxton from Flint Ag Equipment in Georgia weigh in on what they’re seeing in the marketplace.

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When’s the best time to buy your next row crop tractor? Casey and Machinery Pete agree that the used market is starting to strengthen, with auction prices rising, especially on low-hour, high-horsepower models. They advise buyers to be aggressive rather than assume they have at least another year before sales start booming again. Used equipment specialist Aaron Fintel and Kyle Schneider, used equipment manager for Stotz Equipment, offer their views on the tractor market, while financial analyst Shawn Hackett provides insights on commodities and the weather outlook for spring planting.

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Casey and Machinery Pete dive headfirst into the sprayer market in this week’s episode. They agree that growers who want to upgrade their sprayer, especially with a one- to three-year-old used model, could find a sweet deal this year. They’re bullish on the general equipment market in late 2025 as commodity prices begin to rebound. Aaron Fintel, used equipment specialist, shares his insights on the sprayer market, as does Matt Raasch, used equipment manager at AgriVision Equipment. Rich Posson, an analyst with Ag Financial, weighs in on financial market trends.

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Hosts Casey and Machinery Pete take time during a busy travel week to talk about what they’re seeing in the world of ag equipment, particularly the forage harvester market. Usually boom or bust, this market has been strangely steady of late, with supply and demand just “bumping along.” Adam Verner from Elite Ag and Aaron Fintel, used equipment specialist, add their insights while Chip Nellinger from Blue Reef Agri-Marketing weighs in on trends in the current row crop and cattle markets.

Co-hosts Casey Seymour and Greg Peterson (aka Machinery Pete) are two of the most respected voices in the business of ag equipment. If you want to understand what trends and market forces are impacting the price of your iron, you’ve come to the right place. Buckle up … it’s time to move some iron!

See omnystudio.com/listener for privacy information.

Casey Seymour has built a large and loyal audience for his Moving Iron podcast. In this all-new version of Moving Iron, he is joined by the other icon of ag equipment marketing, Greg “Machinery Pete” Peterson. Together they form a truly dynamic duo. In this debut episode, they discuss what to expect in the ag equipment marketplace in 2025. They’re also joined by Shawn Hackett, climate and commodities expert, and Aaron Fintel, used equipment specialist.

See omnystudio.com/listener for privacy information.

Takeaways

The multi-year bear market in grains is starting to turn.

Current grain supplies are tighter than previously thought.

Dairy producers should lock in prices to protect margins.

Cotton market is stabilizing but facing demand issues.

Wheat prices are undervalued based on current fundamentals.

Cattle market shows strong breakout potential.

Weather conditions will significantly impact planting and prices.

Producers need to be proactive in managing risks.

USDA's reports often lag behind market realities.

The agricultural economy is showing signs of recovery.

Sound Bites

"I'm very optimistic about a much better outlook."

"The oversupply that we thought we had in grains is now no longer the case."

"Dairy producers should be locking in second quarter milk prices."

"The cotton market is just going to, is found a place."

"The wheat price is grossly undervalued in my opinion."

"We're breaking out of this one year long wedge pattern."

Chapters

00:00 Market Overview and Optimism for Grains

02:19 Shifting Perspectives on Supply and Demand

08:29 Dairy Market Dynamics and Future Outlook

14:25 Cotton Market Trends and Challenges

19:31 Wheat Market Analysis and Price Predictions

25:22 Cattle and Hog Market Performance

28:33 Impact of Weather on Planting and Prices

Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com

Move More Iron with Fusable! Get your Free Demo at

info.ironsolutions.com/moving-iron-podcast.

Presented By @AxonTire @AgDirect @IronSolutions @FusableData @EDAdata @Valleytransinc 

Music By: @TalbottBrothers 

Host: @casey9673 

#agequipmentbusinesstal #letsgomovesomeiron 

Contact Me at: 

MovingIronLLC.com 

[email protected]

See omnystudio.com/listener for privacy information.

Takeaways

Digital marketing is essential for dealership growth.

Understanding customer needs is crucial for effective marketing.

First-party data is invaluable for targeted advertising.

Different regions have unique marketing needs.

Engaging new customers requires strategic outreach.

AI is becoming increasingly important in marketing.

Video ads are more effective than static images.

Data analysis helps in understanding buyer behavior.

Collaboration between dealers and marketers is key.

Future marketing strategies will heavily involve AI.

Sound Bites

"That's where everybody lives, right?"

"We do connectivity studies with our clients."

"Everyone's at different stages."

"AI is no longer a toy anymore."

Chapters

00:00 Introduction to Digital Marketing in Agriculture and Construction

02:57 Understanding Customer Needs and Digital Strategies

06:00 Leveraging Data for Targeted Marketing

09:10 Adapting Strategies for Diverse Geographies

12:07 Engaging New Customers in Emerging Markets

15:06 The Role of AI in Digital Marketing

17:59 Final Thoughts and Future Outlook

Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com

Move More Iron with Fusable! Get your Free Demo at

info.ironsolutions.com/moving-iron-podcast.

Presented By @AxonTire @AgDirect @IronSolutions @FusableData @EDAdata @Valleytransinc 

Music By: @TalbottBrothers 

Host: @casey9673 

#agequipmentbusinesstal #letsgomovesomeiron 

Contact Me at: 

MovingIronLLC.com 

[email protected]

See omnystudio.com/listener for privacy information.

Takeaways

Rivalry games can dramatically change the outcome of a season.

The new 12-team playoff bracket introduces more complexity to rankings.

Conference realignment affects team performance and visibility.

Brand bias plays a significant role in playoff selections.

Winning your conference is crucial for playoff eligibility.

Historical context is important in understanding current championship dynamics.

Coaching perspectives reveal frustrations with current ranking systems.

The impact of NIL deals on team recruitment is growing.

The BCS system was intended to create fairness but has its flaws.

The excitement of college football is often tied to its traditions and rivalries. College football performance can be unpredictable and influenced by various factors.

The politics in college football are heavily influenced by financial considerations.

Farm machinery market trends are shifting, with buyers becoming more selective.

Used equipment valuation is not static and can fluctuate based on market conditions.

Buyers should focus on the specifications of machinery rather than just the price.

Understanding the hours on a tractor is crucial for valuation.

The market for used tractors is segmented by hours and age.

Interest rates and financing options play a significant role in equipment purchases.

Buyers have more leverage in the current market due to increased inventory.

Evaluating used equipment requires careful consideration of various factors.

Chapters

00:00 Rivalry Games and Their Impact

05:00 The 12-Team Playoff Bracket Discussion

10:02 Conference Realignment and Its Implications

14:55 Coaching Perspectives on Rankings and Bias

20:00 Historical Context of College Football Championships

27:47 Politics and Money in College Football

33:56 Navigating the Farm Machinery Market

43:04 Understanding Used Equipment Valuation

Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com

Move More Iron with Fusable! Get your Free Demo at

info.ironsolutions.com/moving-iron-podcast.

Presented By @AxonTire @AgDirect @IronSolutions @FusableData @EDAdata @Valleytransinc 

Music By: @TalbottBrothers 

Host: @casey9673 

#agequipmentbusinesstal #letsgomovesomeiron 

Contact Me at: 

MovingIronLLC.com 

[email protected]

See omnystudio.com/listener for privacy information.

Takeaways

The USDA report indicated a significant increase in demand for corn, leading to a favorable market reaction.

Having a solid plan and offers working is crucial in a volatile market.

Geopolitical tensions, especially in Ukraine and Syria, are impacting market stability.

Brazil's potential bean crop could significantly affect US soybean prices.

The renewable fuels market is complex and requires clarity for better demand forecasting.

Hog prices are currently high, but market volatility poses risks for producers.

Cattle prices have stabilized despite previous concerns about market drops.

Energy prices are expected to remain under $70, influenced by domestic production increases.

Producers should consider locking in input costs while being cautious of market fluctuations.

Volatility in the market can create opportunities for profit if managed correctly.

Chapters

00:00 Market Reactions to USDA Reports

06:03 Geopolitical Influences on Grain Markets

11:53 Understanding Renewable Fuels and Their Market Effects

18:02 Cattle Market Stability

24:09 Strategizing Input Costs

Moving Iron's Official Data Partner Is Fusable. The Home Iron Solutions And EDA Data. Ignite Your Dealership's Growth With Fusable.com

Move More Iron with Fusable! Get your Free Demo at

info.ironsolutions.com/moving-iron-podcast.

Presented By @AxonTire @AgDirect @IronSolutions @FusableData @EDAdata @Valleytransinc 

Music By: @TalbottBrothers 

Host: @casey9673 

#agequipmentbusinesstal #letsgomovesomeiron 

Contact Me at: 

MovingIronLLC.com 

[email protected]

See omnystudio.com/listener for privacy information.