Pete’s Pick of the Week: Massey Ferguson 1105

This is the second highest price seen in 20 years.

This Massey Ferguson 1105 with 4,355 hours sold for $11,500 on Saturday at a Minnesota farm auction. This is the second highest price on a Massey Ferguson 1105 in 20 years. Here’s the story from this sale.

Click here to see the Massey Ferguson 1105 tractors listed for sale today on MachineryPete.com

Thanks for registering for Farm Journal Mobile. I agree to receive text messages, telemarketing messages or prerecorded voice calls delivered using an automatic telephone dialing system. These messages will occasionally be accompanied by marketing messages sent on behalf of carefully selected sponsors that serve the agricultural industry. Consent is not required for purchase of Farm Journal products. Carrier message & data rates may apply. More than one message may be delivered weekly. You may call 866-376-6094 for more information. To cancel, text “STOP PETE”. Text “HELP PETE” for help.

AgWeb-Logo crop
Related Stories
New equipment sales are down over 12% as 6 out of 10 farmers report worsening finances. Experts Curt Blades and Casey Seymour break down the market in a high-cost ag economy.
Despite a weak farm economy, record and near-record auction sales continue as farmers compete for quality used equipment, a trend Machinery Pete says is unlike anything he’s seen in 36 years.
While big-ticket items are seeing a slight pullback, a scarcity of 5- to 12-year-old inventory is driving record values for dependable machinery.
Read Next
Farm Journal’s June Ag Economists’ Monthly Monitor shows a weaker ag economy versus a year ago, but more than 80% expect consistent or better conditions over the next 12 months despite ongoing margin pressure.
Get News Daily
Get Market Alerts
Get News & Markets App