My Account
My Account
News/Machinery/Pete’s Pick of the Week

Pete’s Pick of the Week: 1998 Case IH 8940

This tractor topped the former record auction price by $50K+

Greg Peterson
By Greg Peterson
 • 
April 07, 2023 06:00 AM
This tractor topped the former record auction price by $50K+
This tractor topped the former record auction price by $50K+
(Machinery pete)

This 1998 Case IH 8940 with 2,617 hours sold for $148,000 on an April 3 online farm auction in Stronghurst, IL. This topped the former record auction price by $50K+. And four other records were smashed on this sale.

Click for the full story

Click here to see the Case IH 8940 tractors for sale on MachineryPete.com

Tractors Pete’s Pick
AgWeb-Logo crop
Related Stories
International-1468.jpg
Pete’s Pick of the Week
Pete’s Pick: International 1468 Shatters Record at $77,250
Penfield, Illinois auction delivers record sales while nearly-new 8R 370s fetch $385K at separate Missouri sale.
July 14, 2026 09:46 AM
 · 
Eduardo Morales
2006-John-Deere-9660-STS.jpg
Machinery
June Auction Prices Defy Seasonal Dip
A 2024 John Deere S780 fetched $414,000 at auction, breaking typical pricing patterns and pointing toward robust year-end values.
July 10, 2026 01:27 PM
 · 
Eduardo Morales
Repair work on a John Deere combine on a Midwest farm.
Machinery
FTC Orders John Deere Provide Repair Software and Diagnostic Tools to Farmers
Under a 10-year settlement, farmers gain the same capabilities as dealers to reset fault codes, pair electronic components and bypass emissions-related shutdowns.
July 08, 2026 01:49 PM
 · 
Eduardo Morales
Read Next
Where-States-Stand-on-Foreign-Ag-Land-Ownership.gif
Business
Foreign-Owned Farmland Faces Growing Scrutiny From States and USDA
New state restrictions and a proposed AFIDA overhaul could reshape land deals, reporting, and due diligence for farmers.
July 17, 2026 10:57 AM
 · 
Margy Eckelkamp
Wolf1.jpg
Livestock
Is The Same Wolf Story Playing Out From The Midwest To California?
July 16, 2026 12:31 PM
 · 
Rhonda Brooks
Farmers-Urged-to-Speak-Up-as-New-Dual-Action-Herbicide-Moves-Through-EPA-Review.jpg
Crops
Farmers Urged to Speak Up as New Dual-Action Herbicide Moves Through EPA Review
July 15, 2026 12:31 PM
 · 
Rhonda Brooks
STANLEY HOSKINS.jpg
Farmland
Farmer Fights Squatter’s Rights After Neighbor Takes Chunk of Cornfield
July 14, 2026 06:28 AM
 · 
Chris Bennett

Commodity Market Futures

Futures prices on grains, livestock, oil and more

Markets

Farm Journal TV

Trusted ag insights and real stories from rural America. Start your free trial today.

FJ TV

Pro Farmer

Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.

PFA
Follow Agweb
Get News Daily
Subscribe now
Get Market Alerts
Subscribe now
Get News & Markets App