Quite a day yesterday.
I was tracking (8) very nice farm auctions across the country. Here is a fun auction sale price report on the Tractors and Combines sold on these (8) farm auctions yesterday (November 17, 2018):
Tractor Prices at Auction Yesterday (11/18/17)
* Data by http://www.MachineryPete.com
Some very strong sale prices in the mix there. Here are a few of the highlights that caught my eye, with pics and Machinery Pete notes/context included:
2001 John Deere 8410 with 2,087 hours sold $109,000 on farm auction in west-central Indiana...2nd highest auction price on 8410 in 56 mo.
1984 IHC 3488 factory MFWD, restored, sold $42,000 on collector auction in west-central Iowa...New Record Price on 3488! Former record high auction sale price on IHC 3488 was $31,500.
2005 McCormick MTX120 with 3,152 hours and loader sold $56,750 on farm auction in northeast Nebraska...2nd highest auction price in 5 years
2008 JD 9330 4WD with 2,605 hours, 3pt., PTO, sold $147,000 on farm auction in northwest Iowa...Highest auction price past 5 years in U.S. on 9330's with 2,000 hours or more
Combine Prices at Auction Yesterday (11/17/18)
* Data by: http://www.MachineryPete.com
Same theme here, couple very strong sale prices yesterday on good condition used combines. Here are (2) that really caught my eye:
2008 CaseIH 2588 with 1,167 engine hours, sold $137,000 on southeast Minnesota farm auction...Highest auction price on 2588 in 40 mo.
2007 John Deere 9660 STS with 1,332 engine hours sold $130,000 on farm auction in west-central Indiana...Highest auction price on 9660 in 51 mo.
Proof is in the pudding here folks...good condition used tractors and combines are really holding their value well here late in 2018.