Top 10 Agriculture Auction Companies – 2024

Agriculture, the backbone of many economies worldwide, has long relied on traditional market structures to bridge the gap between farmers and consumers. However, these structures often leave farmers at the mercy of intermediaries, opaque pricing mechanisms, and inefficiencies that erode their profit margins. In this landscape, agriculture auction spaces are emerging as a transformative solution to modernize the sector and empower farmers with better pricing, transparency, and market access.

Agriculture auction spaces are platforms—physical or digital— where agricultural produce is traded through an open bidding process. Unlike traditional markets that are dominated by intermediaries, these spaces facilitate direct interaction between buyers and sellers, enabling real-time price discovery. By creating competitive bidding environments, auction spaces ensure that prices reflect true market demand, benefiting both farmers and buyers.

The adoption of digital technology in this sector is particularly promising. Digital auction platforms transcend geographical barriers, connecting farmers in rural areas with buyers across regions or even internationally. The integration of e-auctions allows for real-time bidding, secure payment mechanisms, and efficient logistics, making them a game-changer in agricultural trade.

In the long term, agriculture auction spaces could evolve into comprehensive hubs that integrate financing, insurance, and advisory services for farmers, creating a one-stop solution for their needs. Furthermore, the data generated by these platforms could inform agricultural policies and strategies, enhancing food security and market stability. By embracing this innovation, we can ensure that farmers, the unsung heroes of our food systems, receive their rightful share of the economic pie. The success of agriculture auction spaces is not just a win for farmers—it is a win for global food security and equitable economic growth.

In this edition, we have featured Schrader Real Estate and Auction Company. Fueled by relationship-building at every turn, the company’s team combines “old-school” values with new digital tools, such as live and online bidding platforms, to simultaneously deliver an experience that feels personal and cutting-edge.

Agriculture Auction | Agri Business Review

Agriculture Auction - 2024

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Schrader Real Estate and Auction Company

Schrader Real Estate and Auction Company specializes in agricultural land transactions, offering personalized, large-scale auction services. With over 80 years of experience, Schrader’s innovative Multi-Tract Method and commitment to building genuine relationships have made them a trusted resource for landowners nationwide.

-See Schrader Real Estate and Auction Company Profile

When you combine the old-school and new-school strategies, there's a lot to win. It’s created a highly effective business model for us over recent years

RD Schrader, CEO
Geswein Farm & Land

Geswein Farm & Land specializes in the valuation, appraisal and auction of farmland & investment properties. As trusted advisors to landowners, investors and farm families, it provides expert guidance through strategic land management and sales processes. The company’s dedicated approach ensures maximum value and long-term benefits for clients’ land assets.

-See Geswein Farm & Land Profile

We have been the go-to partner for landowners, investors and farm families for expertly guiding them through the ins and outs of valuing, appraising, selling, auctioning and managing their most prized assets—whether it’s farmland, timber, or investment properties

Johnny Klemme, Co-Owner
Metzger Property Services

Metzger Property Services is a one-stop shop with a staff of experienced professionals prepared to meet all kinds of property sales. Its expertise in marketing real estate and farm equipment comes from five decades of experience and about 800 successful auction sales.

-See Metzger Property Services Profile

Our extensive experience equips us with the marketing wherewithal to conduct auctions at a larger scale and drive profits for our clients

Chad Metzger, Owner
Ranch & Farm Auctions

Ranch & Farm Auctions is more than just about transaction. It’s about honoring a legacy rooted in the land. It has a team that’s lived and worked on the soil and with whom it brings unmatched expertise to every auction. Its national platform and extensive buyer network attracts qualified, motivated bidders nationwide, ensuring top value for every acre. Tailored strategies and dedicated local specialists guarantee a smooth, impactful experience for buyers and sellers alike.

-See Ranch & Farm Auctions Profile

Our approach alsoallows us togenerate awareness and leads on a broader national scale while our local Land Specialists serve their areas and spread awareness at the highest level by reaching those in the communities they live and work in daily. It truly is a local, regional and national approach for every auction

Joe Gizdic, Director
AuctionTime

AuctionTime revolutionizes the auction industry with an innovative platform for buying and selling heavy equipment, trucks, and machinery. They streamline the entire process with features like real-time bidding, integrated financing, shipping, and insurance services, ensuring efficiency and transparency in every transaction.
BigIron Auctions

BigIron Auctions is a leading online platform revolutionizing the auction experience for agricultural equipment, heavy machinery, and real estate. With a commitment to transparency, they offer lienfree equipment, unreserved auctions, and detailed inspection reports, ensuring buyers and sellers can transact with confidence in a fair and secure marketplace.
Merit Auctions

Merit Auctions specializes in creating a seamless auction experience for farm equipment and land transactions. They focus on no-reserve timed online and live onsite auctions, ensuring transparency and accessibility. By integrating advanced digital platforms, they connect buyers and sellers efficiently, emphasizing customer trust and innovation.
Purple Wave Auction

Purple Wave Auction is an industry leader in online auctions for heavy equipment, vehicles, and machinery. Leveraging innovative technology, it ensures a streamlined, no-reserve auction process. Their platform offers transparent, detailed asset listings and eliminates buyer-seller interactions, simplifying transactions for all parties involved.
Steffes Group

Steffes Group stands out for its innovative approach to auctions, offering tailored solutions like live onsite webcast and timed online auctions. With expertise across agriculture, construction, transportation, and real estate, it combines global marketing strategies with local insights to maximize asset visibility and value.
Walton Realty and Auction

Walton Realty and Auction delivers comprehensive auction services for real estate and equipment, leveraging advanced live and online bidding platforms. Their expertise spans decades, offering tailored solutions for efficient asset transactions, while maintaining a focus on transparency and customer satisfaction.
Schrader Real Estate and Auction Company

Schrader Real Estate and Auction Company specializes in agricultural land transactions, offering personalized, large-scale auction services. With over 80 years of experience, Schrader’s innovative Multi-Tract Method and commitment to building genuine relationships have made them a trusted resource for landowners nationwide.
When you combine the old-school and new-school strategies, there's a lot to win. It’s created a highly effective business model for us over recent years

RD Schrader, CEO
Geswein Farm & Land

Geswein Farm & Land specializes in the valuation, appraisal and auction of farmland & investment properties. As trusted advisors to landowners, investors and farm families, it provides expert guidance through strategic land management and sales processes. The company’s dedicated approach ensures maximum value and long-term benefits for clients’ land assets.
We have been the go-to partner for landowners, investors and farm families for expertly guiding them through the ins and outs of valuing, appraising, selling, auctioning and managing their most prized assets—whether it’s farmland, timber, or investment properties

Johnny Klemme, Co-Owner
Metzger Property Services

Metzger Property Services is a one-stop shop with a staff of experienced professionals prepared to meet all kinds of property sales. Its expertise in marketing real estate and farm equipment comes from five decades of experience and about 800 successful auction sales.
Our extensive experience equips us with the marketing wherewithal to conduct auctions at a larger scale and drive profits for our clients

Chad Metzger, Owner
Ranch & Farm Auctions

Ranch & Farm Auctions is more than just about transaction. It’s about honoring a legacy rooted in the land. It has a team that’s lived and worked on the soil and with whom it brings unmatched expertise to every auction. Its national platform and extensive buyer network attracts qualified, motivated bidders nationwide, ensuring top value for every acre. Tailored strategies and dedicated local specialists guarantee a smooth, impactful experience for buyers and sellers alike.
Our approach alsoallows us togenerate awareness and leads on a broader national scale while our local Land Specialists serve their areas and spread awareness at the highest level by reaching those in the communities they live and work in daily. It truly is a local, regional and national approach for every auction

Joe Gizdic, Director
AuctionTime

AuctionTime revolutionizes the auction industry with an innovative platform for buying and selling heavy equipment, trucks, and machinery. They streamline the entire process with features like real-time bidding, integrated financing, shipping, and insurance services, ensuring efficiency and transparency in every transaction.
BigIron Auctions

BigIron Auctions is a leading online platform revolutionizing the auction experience for agricultural equipment, heavy machinery, and real estate. With a commitment to transparency, they offer lienfree equipment, unreserved auctions, and detailed inspection reports, ensuring buyers and sellers can transact with confidence in a fair and secure marketplace.
Merit Auctions

Merit Auctions specializes in creating a seamless auction experience for farm equipment and land transactions. They focus on no-reserve timed online and live onsite auctions, ensuring transparency and accessibility. By integrating advanced digital platforms, they connect buyers and sellers efficiently, emphasizing customer trust and innovation.
Purple Wave Auction

Purple Wave Auction is an industry leader in online auctions for heavy equipment, vehicles, and machinery. Leveraging innovative technology, it ensures a streamlined, no-reserve auction process. Their platform offers transparent, detailed asset listings and eliminates buyer-seller interactions, simplifying transactions for all parties involved.
Steffes Group

Steffes Group stands out for its innovative approach to auctions, offering tailored solutions like live onsite webcast and timed online auctions. With expertise across agriculture, construction, transportation, and real estate, it combines global marketing strategies with local insights to maximize asset visibility and value.
Walton Realty and Auction

Walton Realty and Auction delivers comprehensive auction services for real estate and equipment, leveraging advanced live and online bidding platforms. Their expertise spans decades, offering tailored solutions for efficient asset transactions, while maintaining a focus on transparency and customer satisfaction.