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.

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 &mdash; and recent auction results show signs of recovery. Buckle up&hellip; it&rsquo;s time to move some iron.

Podcast by Moving Iron LLCMoving Iron Podcast is for anyone in the Ag Equipment Business or Users of Ag Equipment. We discuss the latest trends and what is shaping the industry. From Technology to Iron to Markets, we have it covered. So "Let's Go Move Some Iron!"

Moving Iron Podcast

Moving Iron: Quadtrac Whiplash — From Record Highs to Market Reset and the Road Back

The ag equipment market may be showing early signs of a turnaround as used equipment values begin to strengthen and manufacturers start bringing workers back to production facilities. Clinton Griffiths has conversations with Casey Seymour, Greg "Machinery Pete" Peterson, and Kurt Blades of the Association of Equipment Manufacturers discussing what those trends could mean for farmers, dealers and the broader equipment industry.

The conversation covers high diesel prices, rising interest rates, tariff uncertainty, supply chain challenges and the importance of having a long-term equipment and parts strategy heading into harvest. With farmers operating tighter fleets and putting more hours on fewer machines, planning and equipment efficiency are becoming increasingly important.

Looking ahead, Blades discusses the potential for an equipment market recovery, changing crop acreage, growing productivity and the factors that could shape demand through 2027 and beyond.

The ag equipment market may be showing early signs of a turnaround as used equipment values begin to strengthen and manufacturers start bringing workers back to production facilities. Clinton Griffiths has conversations with Casey Seymour, Greg "Machinery Pete" Peterson, and Kurt Blades of the Association of Equipment Manufacturers discussing what those trends could mean for farmers, dealers and the broader equipment industry.
The conversation covers high diesel prices, rising interest rates, tariff uncertainty, supply chain challenges and the importance of having a long-term equipment and parts strategy heading into harvest. With farmers operating tighter fleets and putting more hours on fewer machines, planning and equipment efficiency are becoming increasingly important.
Looking ahead, Blades discusses the potential for an equipment market recovery, changing crop acreage, growing productivity and the factors that could shape demand through 2027 and beyond.

Moving Iron: Is the Ag Equipment Market Finally Turning Around?

Clinton Griffiths joins Casey Seymour and Machinery Pete to break down the latest trends in the farm equipment market. Rising corn and soybean prices are creating renewed optimism, while tighter used equipment inventories and strong auction prices could push values higher through the end of the year. The team also discusses equipment financing, fuel costs, new vs. used buying decisions and why farmers should be proactive with their equipment plans.

 

Save your seat at the Moving Iron Summit, by dealers for dealers, Sept 23-25 in Louisville: https://bit.ly/4uG5lhf

Clinton Griffiths joins Casey Seymour and Machinery Pete to break down the latest trends in the farm equipment market. Rising corn and soybean prices are creating renewed optimism, while tighter used equipment inventories and strong auction prices could push values higher through the end of the year. The team also discusses equipment financing, fuel costs, new vs. used buying decisions and why farmers should be proactive with their equipment plans.
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Save your seat at the Moving Iron Summit, by dealers for dealers, Sept 23-25 in Louisville: <a href="https://bit.ly/4uG5lhf">https://bit.ly/4uG5lhf</a>

Moving Iron: Equipment Prices Are Rising — Should You Buy Now?

Corn and beans are moving, and the used equipment market is following fast. Machinery Pete Greg Peterson says auction prices have jumped to a new level, and the latest sales are setting records on everything from late-model John Deere tractors to classic iron farmers have loved for decades.

Casey and Greg break down what changed in the market, why low-hour equipment is suddenly commanding premium money, and how the latest grain outlook is feeding optimism across the auction space. From a record-setting John Deere 8235R and a red-hot 4730 sprayer to two of the highest 4440 sales Machinery Pete has ever tracked, this episode shows exactly where buyer demand is strongest right now.

Corn and beans are moving, and the used equipment market is following fast. Machinery Pete Greg Peterson says auction prices have jumped to a new level, and the latest sales are setting records on everything from late-model John Deere tractors to classic iron farmers have loved for decades.
Casey and Greg break down what changed in the market, why low-hour equipment is suddenly commanding premium money, and how the latest grain outlook is feeding optimism across the auction space. From a record-setting John Deere 8235R and a red-hot 4730 sprayer to two of the highest 4440 sales Machinery Pete has ever tracked, this episode shows exactly where buyer demand is strongest right now.

Moving Iron: Quadtrac Whiplash — From Record Highs to Market Reset and the Road Back

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