Moving Iron: Thanksgiving Pies, Price Surprises, and the Battle for Pre-DEF Iron

In this episode of Moving Iron, Casey Seymour and Greg “Machinery Pete” Peterson dive into the powerful mix of holiday tradition and hard data shaping today’s ag equipment market. Between comparing Thanksgiving pies and sharing snowstorm stories from the farm, the hosts break down the forces driving exceptional auction results and rapidly evolving buyer behavior.

Greg highlights jaw-dropping prices on classic iron—like standout results for a John Deere 7410 and a Maxxum 150—illustrating the surging demand for clean, well-kept pre-DEF machines. Casey connects the dots between these auction spikes and the ripple effects they’ll have on dealership lots over the next three to six months, explaining why tracking auction sentiment is now essential for inventory strategy.

With year-end buying season in full swing, the hosts explore how November and December continue to amplify market activity, especially for 3–10-year-old equipment. They also unpack major shifts in high-horsepower tractor preferences, from two-track to four-track systems, and the logistical challenges farmers face when upscaling to bigger iron.

Buckle up … it’s time to move some iron!

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