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Massey Ferguson tractors sell for record auction prices

GREG PETERSON 06/29/2012 @ 2:03pm Greg Peterson writes "Machinery Pete" column for Successful Farming magazine and appears on the Machinery Show on RFD-TV, talking about trends in the used equipment market

Used four-wheel drive tractors in really good shape have been rising in value for almost a year now.

More proof yesterday (June 27, 2012) on a farm retirement auction I covered near Dows, IA, in the north-central part of Iowa just off I-35. Owner Arne Anderson really took meticulous care of his equipment, particularly his (2) Massey Ferguson tractors and his Massey combine. Both the Massey Ferguson tractors sold for record high auction sale prices, including his 1982 MF 4800 4WD bareback tractor with 6,420 hours. It went for $24,250. Arne’s 1998 MF 8160 MFWD tractor with 2,885 hours sold for $58,000. See for yourself:


The prices on the (2) Massey Ferguson tractors on yesterday’s Iowa farm auction speak to the continued strength of the used tractor market, particularly for used models in very good condition. Even with growing chatter about the heat & drought stressed areas, still, when very nice condition used tractors show up for sale at auction…they’re still bringing premium money. Click on the link below to view & compare sale prices on all the MF 4800 4WD tractors I’ve seen sold at auction the last 16+ years:

Pete’s Auction Prices on MF 4800 Tractors

http://www.agriculture.com/uploads/assets/promo/external/machinerypete/sfweb413-1.pdf

Also a real strong sale price on the 1987 MF 8560 rotary combine with 4,866 hours on yesterday’s sale in north-central Iowa at $14,250 (no heads). Same deal with older used combines like this…show me one in very good condition selling at auction and chances are we’ll see a very strong sale price.


This 1987 MF 8560 combine (no heads) with 4,866 hours sold for $14,250 on June 27, 2012 farm auction near Dows, IA.

Friday (June 29) should an interesting day in terms of used Combine values. Ritchie Brothers Auctioneers has a large consignment sale on their St. Louis, MO area lot with (26) mostly late-model Combines up for sale, including quite a number of 2011, 2010 and 2009 models. I’ll be blogging about how things are selling as the auction takes place, check out our Machinery Facebook page to follow along.


  • www.Machinerypete.com (1-yr. subscription $69.95; 1-week $10)
  • "auction results" 307,982 sale prices on ALL types of equipment. Updated daily
  • "upcoming auctions" free searchable list of equipment on upcoming sales
  • "dealer equip." free searchable list of equipment for sale by dealers
  • "Who Makes it?" searchable database of farm equipment Mfg's
  • "Classifieds" free place to list your used equipment for sale
  • Machinery Pete blog...see what Pete's yakking about
  • Machinery Pete YouTube videos (click on video player image on homepage)
  • Pete's new Facebook page  (lots of pics & info uploaded daily)
  • Machinery Pete's 2011 Auction Price Guide: $19.95, call 800-381-0423

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