In this episode of the Farm Equipment podcast, Used Equipment Remarketing Roadmaps, brought to you by Iron Solutions, host Casey Seymour of Moving Iron LLC sits down with Greg Peterson of Machinery Pete to discuss used equipment market.

During the Dealership Minds Summit in Iowa City, Casey Seymour of 21^st Century Equipment and Moving Iron LLC sat down with by Adam Verner of Elite Ag, a shortline dealer in Leesburg, Ga. to discuss used equipment and the chopper market

This is an exciting time in the farm equipment business. There is a generational paradigm shift happening both with ag equipment dealers and the producers. Retiring producers and those that have gone out of business have left the door open to expansion. Across North America, the demand for technology, specialized product knowledge, and the decreasing number of producers has led to greater dealership consolidation. In order to create economies of scale, both sides will continue to grow. So what does this mean and how will it effect each other’s business? In my opinion, the next 5 years will have such a dramatic change the industry will be unrecognizable.

Casey Seymour of 21^st Century Equipment and Moving Iron LLC is joined by Kevin Vandervort, used equipment manager for Hoober’s Inc, an 8-store Case IH dealer in Delaware, Maryland, Pennsylvania and Virginia.

Casey Seymour of 21^st Century Equipment and Moving Iron LLC speaks with Don Aberle, senior manager of used equipment for Titan Machinery. The two discuss the auction market and how customers are reacting to crop prices as well as machinery prices as well as the leasing market and if it’s had any impact on the used equipment market.

Casey Seymour of 21st Century Equipment and Moving Iron LLC is joined by Drew Lesnik of Frontline Ag Solutions. They discuss the used equipment market in Montana and how leasing may become the new standard to free up capital for other farm purchases.