Tuesday, September 07, 2010














 

Pete's Point of View

Greg Peterson, Publisher
a.k.a. Machinery Pete

New, Used & Rebuilt Ag Parts
 
Phoenix H14 rolling harrow (52-foot) sold for $9,500 on west-central Ohio farm sale Saturday - 3/2/2010
 

NIGHT OWL: ENTERING PRICES FROM IOWA, OHIO, NORTH DAK. SALES
Whew, busy here lately. Later today (March 2nd) I'm heading way up north, to Edmore, North Dakota to speak Wednesday (March 3rd) at their annual "Soybean Day". Guess I'm up after lunch, so if you're in the neighborhood, stop on by and we'll talk used farm equipment. I'll have some of our new "Machinery Pete's 2010 Auction Price Guide" books on hand to purchase in case you could use one.....over 18,000 of our latest auction sale prices on all types equipment.

Back to auction prices....late tonight I caught a burst of energy and fed some fantastic sale price data into our "auction results" section. Great farm auctions from northwest Iowa (Brock Auction), west-central Ohio (Johnny Regula) and southeast North Dakota (Steffes Auctioneers). Here are a few teaser prices:

Southeast North Dakota farm auction 2/25/10:

  • 2007 CaseIH 2588 combine with 1,268 engine hours: $130,000
  • 2008 CaseIH 2162 flex draper head, 30': $40,000
  • 2004 Geringhoff RotaDisc 12R-22 chopping head: $35,000
  • 2008 Caterpillar 765B Challenger tractor with 279 hours: $162,500
  • 2002 CaseIH STX375 4WD tractor with 3,047 hours: $97,000
  • 2004 EZ Guide Plus auto steer: $3,900 (we list in our "MISSCELLANEOUS" category)
  • 1999 Unverferth 7200 grain cart: $20,000
  • 2008 Toyota Tacoma ext. cab, 4WD, 4 cyl., 5 speed, box cover, 23,127 miles: $16,250
  • 2006 Summers 45' hyd. fold flex gang coil packer: $12,500

    West-central Ohio farm auction 2/27/10:

  • 1999 JD 9510 combine with 2,763 engine hours: $44,000
  • 2004 JD 630F grain head: $16,000
  • 2006 Drago 6R-30 corn head: $24,500
  • 1989 JD 4255 2WD tractor with 3,580 hours: $36,000
  • 1989 JD 4955 MFWD tractor with 2,780 hours: $39,000
  • 1979 JD 8640 4WD tractor with 1,957 hours (600 hrs on engine overhaul): $27,000
  • Phoenix H14 52' rolling harrow: $9,500
  • CaseIH 496 30' disk, harrow: $13,500
  • JD 980 30' field cultivator, 5-bar harrow: $19,000

    West-central Iowa farm auction 2/25/10:

  • CaseIH 2388 combine with 2,197 engine hours: $86,000
  • CaseIH 2208 8-row corn head: $28,000
  • CaseIH 1020 25' bean head: $20,000
  • CaseIH MX270 MFWD tractor with 3,172 hours: $94,000
  • CaseIH MX200 2WD tractor with 2,671 hours: $66,000
  • Kinze 3500 8RN planter: $33,500
  • (2) J&M 525 grain carts: $13,500, $14,000

    (2) NEW VIDEOS POSTED......2 NEW ONES ON THE WAY
    Sunday & Monday I posted (2) new clips to our "Machinery Pete Video" section (see homepage). Both videos were from my weekend in Grand Rapids, Michigan at the 18th Annual Winter Convention of the IHC Collectors Club. A really fun weekend, met tons of nice folks, all BIG RED lovers. Saturday after dinner I got up and yakked a bit about the used farm equipment market and then gave my take on the current state of the collector market for older tractors. One point I touched on........how the word "antique" is sort of going by the wayside, folks now more referring to "collector" tractors. A part of this shift can be seen in the increased demand for and popularity of tractors from the mid 1960's up into the mid 1970's, so tractors like IHC 1206's and JD 6030's are becoming HOT items on the collector market now....and likely will become even hotter as we move forward. I've always enjoyed keeping tabs on the market for older tractors, whether you call them antiques or collector tractors....fun to see what they're selling for!

    Oh, those (2) new "Machinery Pete" videos I've got coming? One will have footage of a great auction last week in west-central Illinois, the other fresh video footage of a nice farm auction last Saturday (Feb. 27th) in west-central Ohio......so check back for these videos!!

    CANADA.......AUCTION PRICES HITTING OLYMPIAN HEIGHTS
    I sure had fun watching the Olympics the last couple weeks. Seems like they were on TV for a month. Good stuff though....that whole "human drama of athletic competition" thing. Anyone else out there love the old ABC-TV sports show "Wide World of Sports" back in the 1970's? I ate that stuff up. Olympics always make me think of Jim McKay and yellow blazers for the TV announcers. What else has been happening up in Canada of late?? Well, I'd say without a doubt CANADA is the HOTTEST region currently for used farm equipment values. Last week I pointed out the 1992 CaseIH 1660 combine with 1,259 engine hours sold for $72,000 (no heads!) on a farm auction in southwest Ontario (near Detroit) on Feb. 20th. Well, last Saturday (Feb. 27th) another eye opening auction price on a combine sold in this same southwest Ontario region....this time a JD 9550 combine with only 523 actual engine hours. It sold for $152,000. They've got $$ to spend up north and they're spending it....on good used combines.

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