Auction Heat: Pete’s Picks Put Case IH Tractors in the Spotlight

Machinery Pete tracks record auction prices for Case IH and John Deere equipment, while a 1957 Caterpillar D9 dozer finds new life after sitting abandoned for 24 years.

Auction-Heat-Pete’s-Picks-Put-Case-IH-Tractors-in-the-Spotlight.jpg
Machinery Pete
(Machinery Pete)

The weather might have been typical for winter in Ridgetown, Ontario, Canada, on Feb. 18, but a trio of Case IH tractors sold for atypical prices. Pete’s Pick of the Week comes from an auction hosted by Shackelton Auctions:

  • 2012 Case IH Steiger 400 HD 4WD with 2,588 hours sold for $214,284, the second-highest auction price ever for that model.
  • 2020 Case IH Magnum 220 CVT with 1,119 hours sold for $155,511, again the second-highest auction price ever for that model.
  • 1974 IHC 1066 front-wheel assist with 4,200 hours sold for $37,782, the eighth-highest auction price.

On Feb. 24, Adam Marshall Land and Auction in Litchfield, Neb., sold a 2023 model Cornhusker 48’ grain trailer. Bidding stopped at $58,250, which Machinery Pete says is the third-highest auction price on any Cornhusker grain trailer. That same auction also sold a 2022 model Westfield MKX 1394 auger for $35,750. That price tag is the highest hard cash auction price Machinery Pete has ever seen on that auger.

Meanwhile, in Elora, Tenn., a Feb. 24 farm retirement auction featured:

  • John Deere 4455 MFWD with only 2,404 hours sold for $80,000, breaking into the top 20 all-time highest auction prices for the model. The auctioneer referred to the tractor as a “nice baby doll.”

  • John Deere 8R 410 with 1,454 hours sold for $320,000.
  • John Deere 8RX 370 with just over 1,200 hours brought $302,500.
  • John Deere 7760 cotton picker with 1,602 fan hours sold for $197,500.

The pressure in cotton country is evident at auction. About a year and a half ago, a pair of John Deere CP770 cotton pickers sold in Tunica, Miss., for around $700,000 each. On Feb. 5, in Jonestown, Miss., those same models sold for $597,000 and $598,000.

Nothing says used quite like finding an old dozer abandoned in the woods. That’s right, a group of friends found a 1957 Caterpillar D9 dozer in western New York that had sat for 24 years. Milton CAT got to work and the team was able to get it up and running again.

AgWeb-Logo crop
Related Stories
Leveraging artificial intelligence and 15 years of data, TerraSIGNAL will extend access to agronomic expertise, using sub-acre data points to provide automated recommendations.
Trading the bus for farm machinery, students in Thorp show appreciation for the local ag industry and bring the whole town together.
From “for sale by owner” gems to retirement sales in Iowa, see the latest prices on used Kubota, John Deere and New Holland equipment.
Get News Daily
Get Market Alerts
Get News & Markets App