Pete’s Pick
A 2013 Kubota M135GX, 2013 Bobcat S590 and a John Deere 4840 find new highs on the auction trail.
Trucks headline a diverse Iowa estate auction that also featured a 1981 IH 3288 that sold for $36,000.
August auctions feature late-model John Deere equipment from Iowa to Illinois, including a 104-year-old farmer’s low-hour fleet.
Detailed service history helps 2,546-hour combine top $99,000 at Minnesota auction.
Penfield, Illinois auction delivers record sales while nearly-new 8R 370s fetch $385K at separate Missouri sale.
Recent sales show late-model combines and tractors attracting premium prices with limited options in the traditional five- to 12-year-old range.
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.
Machinery Pete reports a 12.7% price jump for John Deere 8R 370s as tightening supply drives renewed strength in the tractor sector.