Steffes Group is a nationally recognized leader in the auction industry and its booth at the Iowa Ag Expo in Des Moines was a hive of activity with farmers and landowners asking questions about farm equipment and land auctions.
The IARN had a chance to speak with Steven Nelson with Steffes Group and ask what farmers are most interested in right now with regards to land prices and equipment costs in the agriculture industry.
Steven Nelson says that Steffes Group does a lot of business in farmland and equipment sales but that is just the tip of the iceberg.
The used farm equipment market exploded during the pandemic with a lack of parts, labor, and supply chain disruptions making it very difficult for new machinery manufacturers. Nelson says that the used machinery market is still red hot.
Used equipment with low hours and in good condition will not last long on the market says Nelson.
For more information visit https://steffesgroup.com/Home/Auctions
