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Moving Iron Podcast

Moving Iron Podcast

Moving Iron: Rising Costs Driving Shift to Used Equipment

Oct 2, 2026 · 44 min · 15 segments

Uncertainty is the new normal for farmers—and it's reshaping equipment decisions. Rising fuel costs, geopolitical tensions, and election unknowns are stacking up. Casey Seymour, Greg “Machinery Pete”…

Uncertainty is the new normal for farmers—and it's reshaping equipment decisions. Rising fuel costs, geopolitical tensions, and election unknowns are stacking up. Casey Seymour, Greg “Machinery Pete” Peterson and Clinton Griffiths dive into the ag equipment market. See omnystudio.com/listener for privacy information.

Uncertainty is the new normal for farmers—and it's reshaping equipment decisions. Rising fuel costs, geopolitical tensions, and election unknowns are stacking up. Casey Seymour, Greg “Machinery Pete”…

Speakers: Casey SeymourHostGreg PetersonGuestClinton GriffithsHostBob StallmanGuest

Top entities: Bob Stallman×12 Nebraska×3 John Deere×19 YouTube×5 Midwestern United States×4

Summit Takeaways and Harvest Conditions0:44 – 3:57

Clinton GriffithsHost

0:44

I know last week we had Moving Iron Summit, obviously a great event, uh, lots of good conversations.

Clinton GriffithsHost

0:51

Uh, ave- now that you've had a few days to process there, give me your takeaways from this year's event.

C

Casey SeymourHost

0:57

I think a lot of optimism is probably what I would say.

C

Casey SeymourHost

0:59

You know, I think people are, are looking around...

C

Casey SeymourHost

1:02

Um, I mean, this whole year's kind of been a, a tell, a two, two tapes here.

C

Casey SeymourHost

1:06

I mean, you have, if, uh...

C

Casey SeymourHost

1:09

I, I really think if, if, you know, right now, you know, I work for a John Deere dealership, so if you, you know, we're going through combine EOP right now, and I think if we, combine EOP would've opened in when pri- pr- uh, sprayers and planters opened up back in June, uh, we'd have a different, totally different conversation about where we think the combine market's going.

C

Casey SeymourHost

1:26

So-

Clinton GriffithsHost

1:27

Mm

C

Casey SeymourHost

1:27

... um, I think right now, uh, this, this, uh, it was a very abrupt run-up in price.

C

Casey SeymourHost

1:33

You know? It didn't, it wasn't like your typical-

Clinton GriffithsHost

1:35

Mm-hmm

C

Casey SeymourHost

1:35

... chip and a wait, chip and a wait, chip and a wait.

C

Casey SeymourHost

1:37

We just kinda went, you know, just kinda took off and ran.

C

Casey SeymourHost

1:40

Now we're kinda floating around in a, in a, a space now.

C

Casey SeymourHost

1:42

But the optimism that I hear people talk about was, was good.

C

Casey SeymourHost

1:46

Um, a lot of guys I talk to, like, they're buying used equipment.

C

Casey SeymourHost

1:48

You know, they're back, they're out hunting for it.

C

Casey SeymourHost

1:50

And, um, I'm looking at what's going on here and, and looking down the road, saying, like, uh, we're gonna have to be doing the same thing eventually, you know? So, um, not quite there yet, but we're, we're gonna be there before we know it.

Clinton GriffithsHost

2:02

Yeah, absolutely.

Clinton GriffithsHost

2:03

Well, and it is, you know, kind of a busy season, obviously, harvest underway.

Clinton GriffithsHost

2:07

We've had, uh-

C

Casey SeymourHost

2:07

Sure

Clinton GriffithsHost

2:07

...

Clinton GriffithsHost

2:07

some wet weather.

Bob StallmanPersonExecutive and former president of the American Farm Bureau Federation
98%12 mentions
NebraskaAdministrative AreaUS state
94%3 mentions
John DeereCompanyManufacturing company
90%19 mentions
YouTubeWebsiteVideo sharing company
87%5 mentions
Midwestern United StatesPlaceRegion in the United States of America
83%4 mentions
United StatesCountryCountry in North America
79%9 mentions
Machinery PeteCompanyCompany
75%9 mentions
United States CongressCompanyGoverning body
71%5 mentions
Ken PaxtonPersonTexas Attorney General
67%8 mentions
James TalaricoPersonAmerican Politician
63%4 mentions
American Farm Bureau FederationCompanyCompany
60%2 mentions
Great PlainsPlaceGeographical feature
56%1 mention
TexasAdministrative AreaUS state
52%7 mentions
IowaAdministrative AreaUS state
48%3 mentions
AkronCityCity in Iowa
44%3 mentions
RB GlobalCompanyAuction company
40%1 mention
ScottsbluffCityCity in Nebraska
37%1 mention
United States Department of AgricultureGovernment OrganizationGovernment department
31%1 mention
World Agricultural Supply and Demand EstimatesBookBook by United States Department of Agriculture
31%1 mention
KansasAdministrative AreaUS state
25%1 mention
United States SenateOrganizationGoverning body
21%3 mentions
Farm Journal, IncorporatedCompanyCompany
17%1 mention
OntarioAdministrative AreaCanadian Province
13%2 mentions
The Wall Street JournalPeriodicalAmerican newspaper
10%1 mention
CanadaCountryCountry in North America
6%1 mention
MinnesotaAdministrative AreaUS state
2%1 mention

Agricultural EquipmentBusiness > Market Dynamics
Society
Used EquipmentAgriculture > Farming > Equipment Sales
Market TrendsAgriculture > Farming > Equipment Sales > Used Equipment
Sales StrategiesBusiness > Market Dynamics > Agricultural Equipment
Auction TrendsBusiness > Market Dynamics > Agricultural Equipment > Sales Strategies
LegislationPolitics > Agricultural Policy > Rural Issues
ElectionsPolitics > Agricultural Policy > Rural Issues > Legislation
Pricing TrendsEconomics > Agricultural Economics > Market Conditions > Supply and Demand
Generational ChangesSociety > Rural Communities > Farming Lifestyle
Community DynamicsSociety > Rural Communities > Farming Lifestyle > Generational Changes
Market ConditionsEconomics > Agricultural Economics
Supply and DemandEconomics > Agricultural Economics > Market Conditions
Rural CommunitiesSociety
Market DynamicsBusiness
Rural IssuesPolitics > Agricultural Policy
Equipment SalesAgriculture > Farming
Farming LifestyleSociety > Rural Communities
Agricultural EconomicsEconomics
Agricultural PolicyPolitics
Politics
Agriculture
FarmingAgriculture
Economics
Business

Summit Takeaways and Harvest Conditions0:44 – 3:57

Clinton GriffithsHost

0:44

I know last week we had Moving Iron Summit, obviously a great event, uh, lots of good conversations.

Clinton GriffithsHost

0:51

Uh, ave- now that you've had a few days to process there, give me your takeaways from this year's event.

C

Casey SeymourHost

0:57

I think a lot of optimism is probably what I would say.

C

Casey SeymourHost

0:59

You know, I think people are, are looking around...

C

Casey SeymourHost

1:02

Um, I mean, this whole year's kind of been a, a tell, a two, two tapes here.

C

Casey SeymourHost

1:06

I mean, you have, if, uh...

C

Casey SeymourHost

1:09

I, I really think if, if, you know, right now, you know, I work for a John Deere dealership, so if you, you know, we're going through combine EOP right now, and I think if we, combine EOP would've opened in when pri- pr- uh, sprayers and planters opened up back in June, uh, we'd have a different, totally different conversation about where we think the combine market's going.

C

Casey SeymourHost

1:26

So-

Clinton GriffithsHost

1:27

Mm

C

Casey SeymourHost

1:27

... um, I think right now, uh, this, this, uh, it was a very abrupt run-up in price.

C

Casey SeymourHost

1:33

You know? It didn't, it wasn't like your typical-

Clinton GriffithsHost

1:35

Mm-hmm

C

Casey SeymourHost

1:35

... chip and a wait, chip and a wait, chip and a wait.

C

Casey SeymourHost

1:37

We just kinda went, you know, just kinda took off and ran.

C

Casey SeymourHost

1:40

Now we're kinda floating around in a, in a, a space now.

C

Casey SeymourHost

1:42

But the optimism that I hear people talk about was, was good.

C

Casey SeymourHost

1:46

Um, a lot of guys I talk to, like, they're buying used equipment.

C

Casey SeymourHost

1:48

You know, they're back, they're out hunting for it.

C

Casey SeymourHost

1:50

And, um, I'm looking at what's going on here and, and looking down the road, saying, like, uh, we're gonna have to be doing the same thing eventually, you know? So, um, not quite there yet, but we're, we're gonna be there before we know it.

Clinton GriffithsHost

2:02

Yeah, absolutely.

Clinton GriffithsHost

2:03

Well, and it is, you know, kind of a busy season, obviously, harvest underway.

Clinton GriffithsHost

2:07

We've had, uh-

C

Casey SeymourHost

2:07

Sure

Clinton GriffithsHost

2:07

...

Clinton GriffithsHost

2:07

some wet weather.

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