Red Hot/Record Prices Saturday on Ontario Farm Auction

My auctioneer friend Mike Shackelton with Shackelton Auctions (www.shackeltonauctions.com) told me this would be a Hot sale.

Mike was correct.

Saturday (October 4, 2019) they held the Taylor Farms auction in Belmont, Ontario (southern Ontario). 4 new record high auction sale price marks were set and a number of other equipment items on the sale sold extremely well.

Sale prices should have been STRONG as this was very sharp equipment.

The one item on the sale that really caught my eye going in was the Case 4994 4WD tractor with 7715 hours and a rare factory Cummins 855 engine. The sale bill said “Only 10 believed to be built!” Here’s a picture of it…real beauty.

CaseIH4994-ON-%2452577

It sold for a new record high auction sale price of $70,000 CAD which = $52,577 U.S. dollars. For comparison, a little over 6 years ago, on a June 13, 2013 farm auction in east-central Alberta, a real sharp 1984 model 4994 4WD with 6999 hours (not the rare factory Cummins 855 engine) sold for $20,000 (U.S).

Here were the other 3 new record high auction sale prices set on this southern Ontario farm auction Saturday:

1997 Peterbilt 362 with 3406 Cat 500 HP engine: $50,324 (U.S)
Peterbilt362-ON-%2450324

Case 4890 4WD with 4917 hours: $19,904 (U.S)
Case4890-ON-%2419904
Pete’s Note:Previous high auction sale price on 4890 past 20 years was $14,750 on 8/17/17 consignment auction in northeast Nebraska on a 1980 model 4890 with 4075 hours

2014 New Holland BC5070 square baler: $19,153 (U.S)
NHBC5070-ON-%2419153
Pete’s Note:Previous high auction sale price on BC5070 was $19,000 on 8/5/17 farm auction in northeast Pennsylvania for another 2014 model

Not record setters, but here were a few other items sold on the auction Saturday that were very strong prices…

2015 JD 8270R with 678 hours: $172,001 (U.S)
JD8270R-ON-%24172001
Pete’s Note:This is highest auction sale price on JD 8270R in 11 mo., since 12/6/18 auction in northwest Missouri where a 2014 model 8270R with only 173 hours sold for $176,000. Avg. Auction Price on JD 8270R’s this year = $114,673

Link to (219) JD 8270R’s for sale today: https://www.machinerypete.com/tractors/175-hp/john-deere/8270r

1987 CaseIH 3394 with 6981 hours and Allied 895 loader: $24,035 (U.S)
CaseIH3394-ON-loader-%2424035

"Tractor Specs" on CaseIH 3394’s: https://www.machinerypete.com/specs/case-ih/3394/5652

New Idea 5209 haybine: $9,200 (U.S)
NI5209-ON-%249200
Pete’s Note:Highest auction price in 31 mo., since 3/25/17 auction in southeast Ontario where 5209 sold for $9,700 (U.S)

Pete
Machinery Pete
www.MachineryPete.com