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.