Why Now is the Time To Move Used Construction Iron in the Farm Equipment Auction World

Thu, 10 Jul 2025 18:27:12 GMT

Casey Seymour and Greg “Machinery Pete” Peterson agree now is the time when many farmers spend time shopping for what they call auxiliary machinery — things like wheel loaders, skid steers, track loaders and other compact and heavy utility equipment types.

“Skid steers are one of the first things that pop up when in my mind when I start thinking about that right now,” says Seymour, adding there is almost always a healthy supply of the versatile material movers in the used market.

Machinery Pete recalls skid steer values falling a bit last year due to that high supply, but this year is a different story. Values are trending up on used because, once again, the cost of a brand-new skid steer is high.

(Machinery Pete Facebook)

“Pifer’s Auction had a sale (recently), and I think it was a 2024 Deere 335 P-Tier with 275 hours on it, give or take, and I thought that sold really well at $94,000 hard cash,” Pete says.

Another notable transaction came out of Illinois, Pete recalls. At a Joel Everett Tractors & Auction sale, a 2009 John Deere 325 with under 300 hours sold for $36,000, which was well over the previous auction high of $28,500.

“It was interesting. When they got to the skid steer they paused and said, ‘Hey, folks, this 2009 model is loaded with every single option,’ which is unusual for a 16-year-old model,” Pete adds. “But again, it was palpable how many people wanted that thing, and you know, $36,000 is a big check — but for hardly any hours on it and what you’re going to pay for a new one?”

Pete and Seymour also discuss the firming up they are seeing with used values on some of the large construction equipment seen around the farm, including excavators, wheel loaders and bulldozers.

How Kerr Auctions is Unlocking Export Markets

Alex Kerr of Kerr Auctions joined the guys next to discuss how his auction house is carving out space in the export market.

Kerr says the company has capitalized on growing equipment demand overseas by creating specialized sales that cater to export buyers. These sales often feature equipment that may not have strong domestic buyer interest due to age or condition.

Kerr has established partnerships to help overseas buyers handle logistics and shipping, and the company made the decision to eliminate buyer penalties for high bidders. Both decisions demonstrate a level of transparency and trust that helps put buyer minds at ease, he thinks.

“Specialized sales do well,” Kerr says. “We got to thinking that the export buyers, they hate some of the auction things they deal with. They don’t speak the language; you’ve got to talk to them on WhatsApp, or they have an online only presence.”

Kerr Auction’s next big export-focused Inaugural Farmer/Dealer Consignment Sale is set for Aug. 14. Check out all the details here.

The Rest of the Episode

Shawn Hackett, president and CEO of Hackett Financial, joined the show for an update on where commodity markets sit today and row crop futures prices. Glen Birnbaum, principal with Sikich, came on to talk machine depreciation rates and upcoming changes to tax law.

And Aaron Fintel, used equipment specialist with 21st Century Equipment, gave his view on moving used compact construction equipment out on the western plains.

Head over to YouTube to watch the full episode , and give it a “Thumbs Up” and hit the “Subscribe” button to get every Moving Iron episode as soon as it drops.

Must-See Farm Equipment: This Auction Has Everything

Wed, 21 Sep 2022 04:13:27 GMT

You’ll need to scroll through everything on sale during the Machinery Pete Online Auction which closes June 21.

There are 68 items, including a John Deere 4640 Greg Peterson called “likely one of the nicest I’ve seen,” tractors spanning every need on the farm, utility vehicles ready to run, and an announcement Peterson says, “could very well change the farm equipment online auction market.”

Click here to see the full sale

The featured item of the sale is a one-owner 1982 John Deere 4640

This tractor has a great story as it was used by a former John Deere engineer, Bernie Poore, who also farmed part-time. Now the tractor only has 1857 actual hours.

Poore is also selling a pickup—this 2005 Chevrolet Silverado 3500

With only 55,906 miles this diesel pickup is sure to find a happy new owner.

Watch the preview episode of Machinery Pete TV for a full run down and interviews with the sellers:

Also, this event will mark the first of its kind for an online machinery auction as it will launch Machinery Pete’s partnership with Dawson Tire and Wheel.

“This announcement could change the landscape of the used farm equipment market,” Peterson says.

As Eric Macpherson, Dawson founder and CEO says, “Being in the tire wheel business for 25 years now and focusing on ag tires and wheels, I really, really felt like the ag producer needed access to ag tires and wheels online and through the auction platform.”

As such the monthly Machinery Pete online auction will feature exclusive wheels and tires for sale by Dawson. In the June event, there are 12 sets new and three used.

Macpherson says he hopes this becomes “the most trusted space for online wheels and tires, so buyers can buy with confidence.”

Additionally all wheels and tires will be TreadSure verified. TreadSure is the world’s first agriculture tire tread depth app.

There’s a pair of like-new John Deere tractors from Heritage Tractor

2022 John Deere 5065E

2022 John Deere 5045E

Other items of interest:

2007 Exmark LCT4818KC
Only 416 hours

(Farm Journal)

2018 John Deere X370
Only 268 hours, 42” deck.

2014 Kubota RTV900
Cab with heater

2015 John Deere Gator XUV 825I
Power steering and hydraulic dump bed

Two Round Balers

2016 New Holland RB460
1676 total bales. Net/twine tie

2012 New Holland BR7090

2014 Unverferth 6225

New Holland 4630
Only 308 hours. And comes with Woods loader

Allis Chalmers 6080
This tractor has been “babied” and shed kept. Includes with AC 200 plow

Bid Now

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