So, Machinery Pete…Did auction prices cool off when the calendar flipped to 2023?
Nope.
Still smoking hot prices on good condition used equipment. Case in point today, January 5, 2023, on the Gary and Susan Gross farm auction in Fowler, IN by my friends at Schrader Real Estate and Auction Co. Check out these prices.
2007 JD 8430 with 1973 hours, sold: $215,000
Pete’s Note: “$215,000 is the 4th Highest auction price ever on JD 8430 and the Highest price ever on 8430 with 1800+ hours”
2006 JD 8330 with 3618 hours, sold: $179,000
Pete’s Note: “$179,000 is the 2nd Highest auction price ever on JD 8330 with 3600+ hours”
1982 JD 4640 with 6521 hours, sold: $42,000
Pete’s Note: “$42,000 is tied for 6th Highest auction price ever on JD 4640 and the Highest price ever on 4640 with 6500+ hours”
2014 JD S660 with 1391 engine hours, sold: $200,000
Pete’s Note: “$200,000 is 2nd Highest auction price ever on JD S660 combine with 1100+ engine hours. I have noted recently that “Late Model” used Combines prices have softened a bit at auction the last 3 weeks of Dec. '22…but auction prices have remained VERY STRONG on good condition slightly older used Combine models - like this now 9 year old 2014 JD S660”
2019 J&M 390 LC seed tender, sold: $46,000
Pete’s Note: “$46,000 is the 4th Highest auction price ever on a Seed Tender. But get this…6 of the 7 Highest auction sale prices ever on Seed Tenders have come in the past month - since Dec. 8, 2022”
HIGHEST AUCTION PRICES EVER ON SEED TENDERS
Click here to view full sale price report from the Gary and Susan Gross farm auction today in Fowler, IN: tinyurl.com/MachineryPete-FowlerIN-Sale
Pete
Machinery Pete