Machinery Pete - Equipment Auction News
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Attention now turns to Georgia, where low-hour Case IH and Deere iron could set brand-new auction highs.
Farmers are running fewer machines for longer hours, turning to high-tech retrofits and leveraging improved cash-flow expectations to upgrade existing equipment.
Strong mid-horsepower prices in Mississippi, low-hour gems in Ohio and an 84% drop in late-model inventory highlight why clean used equipment continues to command top dollar.
While late-model horsepower commanded top dollar, hidden gems turned heads — including the first-ever 1984 Case 2394 built and a 1999 Chevy pickup that fetched nearly $24,000.
A Pennsylvania dispersal saw record bids on high-hour iron, while standout sales across Texas and Ontario prove buyer demand remains sky-high for clean, well-maintained used equipment.
1980 John Deere 4440 tractor sells for $155,000, nearly double the previous record auction price, as tight supply and farmer optimism fuel aggressive bidding through year-end.
Record prices for older, low-hour tractors highlight strong demand as farmers look for alternatives to the price tag of new machinery.
A 2013 Kubota M135GX, 2013 Bobcat S590 and a John Deere 4840 find new highs on the auction trail.