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Changing from dairy to grain

GREG PETERSON 10/26/2012 @ 3:29pm 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

“____ and ____ have discontinued their dairy operation and are changing their farming to row crop only, as such they will sell the following equipment to the highest bidder on ____.”

I’ve been seeing similar phrases atop auction sale bills all around the country for some time now. No surprise given the on-going equity drain on the dairy & livestock sides of the ag world, while grain operations have seen better days financially. Just today (October 25, 2012) I saw pretty much that exact phrase atop an auction sale bill for a farm sale in Winona, MN, a sale by my friends at Gehling Auction, Inc.

One other phrase atop today’s southeast Minnesota auction sale bill: “This equipment is mostly 1 owner, has been shedded and has had very good maintainence.”

What always catches my eye: “1 owner” and “shedded”. So how did the equipment sell today? Very well I thought. A couple of examples for you below. The NH 1431 discbine at $15,000 is tied for the 6th highest sale price over the past 10+ years. The JD 1750 6R-30 planter at $32,500 is the 2nd highest auction sale price I’ve seen, and the NH FP230 forage chopper at $26,750…a new record high auction sale price.

Click on the “Pete’s Auction Price” links following each picture to see what they’ve been selling for on other auctions around North America the last few years:

NH 1431 13’ discbine, 1 owner: $15,000

 

JD 1750 6R-30 planter, dry fertilizer, 1 owner: $32,500

NH FP230 forage chopper, 12’ knife cutter head, 1,200 total acres: $26,750

 


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