Aug 22, 2014
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Machinery Pete

RSS By: Greg Peterson, AgWeb.com

Learn how to better manage your machinery investments from Greg Peterson, a.k.a. "Machinery Pete." He's been researching and analyzing machinery auction prices for more than 20 years.

Prices from Northwest Illinois Farm Auction Friday

Mar 15, 2014

 My friends at Mariman Auction Company held a very nice farm retirement auction Friday (March 14, 2014) in northwest Illinois. Very nice condition equipment on this sale in Geneseo, IL. Interesting variety color-wise...blue tractor, red combine, green tillage. Here are a few sale price highlights along with my comments:

2008 Ford-NH T7040 Tractor, 925 hours: $81,000

NHT7040 IL  81K

Pete's Point: "Obviously Specs are a huge factor when it comes to value. Here were the Specs on this T7040: MFWD, SN# 27BG02008, 180 HP, 925 hours, Super Steer, 18 speed Power shift, automatic shift function, custom headland management, full lighting, 4 remotes, 460/85 R42 rears, 14.9R30 fronts"

 

2001 CaseIH 2366 Combine, 1,718 engine hours: $78,000

CaseIH2366 IL  78K

Pete's Point: "Ave. Auction Price on last (12) CaseIH 2366's I've seen sold = $60,542...High $118,000; Low $31,000"

 

2005 CaseIH 2206 6R-30 Corn Head: $22,500

CaseIH2206 IL  22500

Pete's Point: "Ave. Auction Price on last (12) CaseIH 2206 corn heads sold = $20,146...High $26,750; Low $13,000"

 

2008 White 8202 12R-30 Planter: $28,500

White8202 IL  28500

Pete's Point: "On a 2/7/13 consignment auction in northeast Indiana a White 8222 12-Row Planter sold for $28,000"

 

(2) 2010 Demco 550 Gravity Wagons: $11,000 & $9,000

Demco550 IL  11K  9K

Pete's Point: "Ave. Auction Price on last (8) Demco 550's sold = $10,194...High $13,500; Low $7,800"

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