Tractors
Penfield, Illinois auction delivers record sales while nearly-new 8R 370s fetch $385K at separate Missouri sale.
A 2024 John Deere S780 fetched $414,000 at auction, breaking typical pricing patterns and pointing toward robust year-end values.
Under a 10-year settlement, farmers gain the same capabilities as dealers to reset fault codes, pair electronic components and bypass emissions-related shutdowns.
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.
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.
Customizable steering, advanced transmission controls and autonomous-ready features headline the 250-to-410 hp lineup.
Machinery Pete reports a 12.7% price jump for John Deere 8R 370s as tightening supply drives renewed strength in the tractor sector.
The ability to make what’s old new again is creating a new floor for used sprayer and combine prices.
Trading the bus for farm machinery, students in Thorp show appreciation for the local ag industry and bring the whole town together.