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Auction price roundup

GREG PETERSON 12/07/2011 @ 7:34am 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

Not much time to write this week. I covered a farm auction yesterday (Dec. 6th) in northeast Iowa with (4) very low hour Deere tractors, each one set a new record high auction price. Also a 1992 JD 9500 combine with 10 Series updates and a total of 1,391 engine hours. It sold for $71,000, the highest sale price I’ve seen since the calendar year 2000.

Today (Dec. 7th) I’m up in Horace, ND covering another nice farm auction with tons of nice equipment. Below is an email I sent to all Machinerypete.com subscribers Monday morning, a roundup of auction prices from nice sales around the country last Saturday.

Machinery Talk: Very low-hour Deere tractors & combine on IA auction

DEC 3rd FARM AUCTION: NORTH-CENTRAL ILLINOIS

2008 CaseIH 385 tractor, 625 hours: $182,500
2007 CaseIH 215 tractor, 300 hours, with LX780 Loader: $116,000
2010 CaseIH 6088 combine, 200 engine hours: $199,000
2008 CaseIH 2408 8-row corn head: $33,000
2010 CaseIH 2020 30’ grain head: $27,000
2010 Apache 715 sprayer, 128 hours, 750 gal., 80’ booms: $92,000
2010 CaseIH 200 Tigermate field cultivator, 48.5’: $42,000
2009 CaseIH 1240 16R-30 planter, 1,500 acres use: $80,000
2008 CaseIH 3400 field cultivator, 31’, 7.5” spacing, 22” blades: $28,250
2009 DMI 530C 5-shank disc chisel: $25,000
2005 CaseIH 5500 30’ drill, 7” spacing, no grass seed: $18,250

DEC. 3RD FARM AUCTION: EAST-CENTRAL MISSOURI

1991 CaseIH 1680 combine, 4WD, 2067 engine hours: $29,000
2004 CaseIH 1020 25’ grain head: $13,000
1994 Dodge 3500 pickup, 4WD, dually, ext. cab, 140,340 miles: $9,050
1979 Steiger ST 325 Panther 4WD tractor: $17,500
CaseIH 5500 30’ soybean drill: $13,000
CaseIH 5400 20’ no-till drill, 7” spacings: $7,700
Westfield MK100-71 71’x10” auger: $2,000
IHC 710 6 btm plow: $1,700

DEC. 3RD FARM AUCTION: NORTHWEST ILLINOIS

1997 CaseIH 8920 MFWD tractor, 1582 hours: $88,000 (new record price)
1965 Case 930 tractor, open station, new batteries: $4,450
1981 JD 6620 combine, 3494 hours: $10,000
JD 220 20’ head: $2,500
JD 444 4-row wide corn head: $1,600
Unverferth HT-25 header trailer: $2,650
(8) Kinze bean meters: $675

DEC. 3RD FARM AUCTION: NORTH-CENTRAL INDIANA

2010 JD 7630 2WD tractor, 249 hours: $83,500 (new record price on 2WD)
1993 JD 7700 MFWD tractor, 1459 hours: $77,000 (new record price)
1998 JD 9510 combine, 1885 engine hours: $91,000 (highest price in 10 years)
2002 JD 893 8-row corn head: $16,000
1995 Ford LNT8000 truck, Omaha 22’ bed (new in ’07): $20,000
2002 JD 1760 8-row planter: $59,000 (new record price…..can’t get NEW Deere Planter now)
2001 JD 1560 15’ no-till drill: $26,000
2006 Top Air TA1100 sprayer, 60’ boom: $27,000 (new record price)
2008 Ford F250 Lariat pickup, 4WD, crew cab, 36,393 miles: $23,000
DEC. 3RD FARM AUCTION: NORTH-CENTRAL IOWA
2005 JD 8420 MFWD tractor, 1318 hours: $138,500
2005 JD 7820 2WD tractor, 1149 hours: $89,000 (new record price on 2WD)
2001 JD 8110 MFWD tractor, 2665 hours: $105,000
2003 JD 9550 combine, 1783 engine hours: $87,000
2003 JD 693 6-row corn head: $17,500
2002 JD 925F flex head: $17,250
2008 JD 2700 5-shank mulch ripper: $26,500
JD 2210 field cultivator, 32.5’: $30,000
Grasshopper 721D garden tractor, 170 hours, 61” deck: $9,100
2007 Honda Rancher ES 400 ATV, 4x4 4-wheeler, 460 miles: $5,200

DEC. 3RD FARM AUCTION: EAST-CENTRAL KANSAS

2011 JD 9770 STS combine, 432 sep. hours: $221,000
2011 JD 9770 STS combine, 500 sep. hours: $222,500
(2) 2011 JD 635 35’ draper heads: $45,500; $46,000
2011 JD 9230 4WD tractor, 700 hours: $190,000
(2) 2010 Timpte 40’ aluminum grain trailers: $28,500 (roll tarp); $27,000 (no tarp)
Brent 1194 Avalanche grain cart, scales, tarp, row crop tires: $43,250

DEC. 3RD FARM AUCTION: NORTHWEST ILLINOIS

1980 JD 4640 tractor, 4996 hours, 577 hours on JD reman. engine: $36,000 (new record price)
1982 JD 4440 tractor, 3428 hours, 2nd owner, nice!: $37,000
1948 JD G tractor, older restoration, clamshell fenders: $7,800
1983 JD 7720 combine, 4026 hours: $15,000
Unverferth HT-25 header trailer: $2,750
EZ Trail 510 grain cart: $9,600
JD 7240 6R-30 planter: $15,000
IHC 800 12R-30 planter: $3,800
Kewanee 1020 disk, 21’: $3,400
IHC 485 disk, 21’, converted to vertical tillage tool: $6,900
JD 715 9’ 3pt. heavy duty 3pt. blade: $3,200
Yale 5,000# forklift, LP, 3-stage: $4,400
1974 Chevy C60 truck, 13.5’ box, hoist, tarp, 67,032 miles, 1 owner: $6,200

NOV. 30TH DEALER AUCTION: SOUTHEAST MINNESOTA

Combines