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
Sabanto Adds Precision Planting Support
Machinery
Sabanto Adds Precision Planting Support
By pairing retrofit tractor autonomy with real-time row monitoring, farmers can finally step out of the cab.
October 30, 2026 05:29 PM
 · 
Eduardo Morales
John Deere
Machinery
John Deere Recalls 275 Staff, Opens 400+ Factory Jobs
With callbacks topping 1,000 since 2024, nearly all idled employees across Iowa and Illinois have been invited back to production floors ahead of upcoming contract talks.
October 30, 2026 10:16 AM
 · 
Eduardo Morales
2015 CLAAS Lexion 740 with 320 hours sold for $275,000.jpg
Machinery
Don’t Let Taxes Drive Your Next Equipment Purchase
With one- to three-year-old machines in short supply, auction premiums are soaring. Industry veterans Casey Seymour and Machinery Pete break down when to lease, retrofit, or check local dealer lots.
October 29, 2026 12:38 PM
 · 
Eduardo Morales
Read Next
corn harvest
Corn
One Illinois Farmer’s 10-Year Quest to Find the Most Profitable N Rates
After more than a decade of field trials, Eric Miller has found that the highest corn yields don’t necessarily maximize ROI. His work offers insights for other growers looking to improve nutrient efficiencies and protect margins.
October 30, 2026 03:36 PM
 · 
Rhonda Brooks
Farm Bill
News
Senate Farm Bill Scores $4.4 Billion, But Lame-Duck Passage Uncertain
October 30, 2026 09:35 AM
 · 
Michelle Rook
ethanol-pump
News
USDA Closes In On $1.5 Billion Ethanol Deal with Mexico
October 29, 2026 08:43 PM
 · 
Haley Bickelhaupt
Ag Vote 2026 - special coverage by Farm Journal
Politics
From the Farm to the Hill: 48 Candidates Look to Bring New ‘Ag Blood’ to D.C.
October 29, 2026 09:50 AM
 · 
Haley Bickelhaupt

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