July 19, 2011
“LIVE” COMMENTARY ON 2 AUCTIONS
I had a little fun here this afternoon (July 13th) and did some “live” running commentary on our Machinery Pete Facebook page on a pair of nice farm auctions going on today: one in west-central Minnesota by Zielsdorf Auction & Real Estate, the other farm auction in Hillsboro, North Dakota by Steffes Auctioneers. Check out my comment trial by clicking on our Facebook feed on the right side of our homepage here.
As I write this (1:30 PM CST), auctioneer Bob Zielsdorf is now selling a sweet 1982 JD 4040 tractor with only 2892 hours. I peeked in our “auction results” database and saw the highest auction price I’ve ever seen on a JD 4040 was $37,000 on a February 2009 farm sale in south-central Minnesota, but that 4040 had only 1458 hours. Average Auction Price on JD 4040 tractors so far this year coming into today = $15,340. So what did the 4040 sell for today? See below:
JULY 13, 2011 FARM AUCTION: WEST-CENTRAL MINNESOTA
- 1982 JD 4040 tractor with 2892 hours: $24,000
- 1983 JD 4450 2WD tractor with 7000 hours: $32,750
- 1998 JD 9200 4WD tractor with 2737 hours: $98,000
- 1998 JD 9510 combine with 2378 engine hours: $55,000
- 2000 JD 893 corn head: $12,500
- 1999 JD 925 flex head, new poly 400 acres ago: $8,700
- Unverferth header trailer, 4 wheel: $2,600
- JD 455 drill, 25′, 7.5″ spacings: $17,700
- 1995 JD 1750 8R-30 planter, dry fertilizier: $21,000
Note that sale price of $98,000 for the 1998 JD 9200 4WD tractor with 2737 hours….that is the 3rd highest auction price I’ve seen in the the U.S. on a JD 9200 and continues a trend I’ve been watching now since last November….used 4WD tractors in very nice condition have been bringing much more $$ on sales. Color doesn’t seem to matter, I’ve seen HIGH prices on NH, CaseIH, AC, MF and JD.
VIDEO HIGHLIGHTS FROM FUN TRACTOR RIDE IN IOWA LAST WEEK
The Three Rivers Tractor Club in Donnellson, IA (southeast Iowa) invited me down to speak at the dinner following their annual Tractor Ride last Thursday (July 7th). What a fun day! I got down to Donnellson early and started shooting video as the nearly 70 great-looking antique tractors rolled out from the Lee County Fairgrounds. The Tractor Ride took a beautiful winding route to Keokuk, IA some 20+ miles away and then a spot of lunch and home again to Donnellson. Here’s a Youtube video I put together, highlights from this fun day with my new friends in the Three Rivers Tractor Club:
About Machinery Pete: Greg “Machinery Pete” Peterson has been working in the agricultural industry for 21 years and details agricultural equipment prices and trends at his website, Machinerypete.com. Greg also writes columns for Successful Farming magazine, Implement & Tractor magazine, Agriculture.com web site and also appears on the Machinery Show on RFD-TV.