This article will cover some equipment auction sales from September 2024, including 580 equipment auctions nationwide throughout the month. We’ll also highlight top auction sales for specific make/models across equipment categories and average dealer listing prices.
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If you’re an equipment dealer interested in discussions with industry leaders that focus on strategies, trends, and stories from the ag equipment industry (or if you just like to listen in to discussions on these topics), subscribe to Tractor Zoom’s Beyond the Hood podcast, where new episodes are released every other week.With these trends in mind, let’s look at a few of last month’s top-selling equipment at farm equipment auctions around the country.
In September, the used agricultural equipment market experienced notable shifts, with supply and demand playing pivotal roles across various categories. In the combine market, prices for models such as John Deere’s S770 and S780 continued to decline, with Class 7 and 8 combines seeing sharp drops in value over the past few months. Case IH’s 8250 faced similar depreciation, with auction values suppressed by an influx of supply. However, some stability was noted for John Deere’s S790 and X9 1100 models, indicating a potential leveling off in certain segments of the combine market.
Row crop tractors displayed a “bipolar” market behavior, where smaller models saw mild declines of 5-10%, while larger tractors, such as John Deere’s 8R series, faced steep drops in value due to oversupply. Four-wheel drive tractors followed a similar pattern, with values plunging by 30% as inventory surged.
On the bright side, planters remained relatively stable, with supply being managed judiciously, although auction prices were sometimes significantly lower than dealer listings. These price trends highlight the importance of monitoring equipment categories closely and adjusting fleet management strategies accordingly.
For a much deeper dive into current equipment market trends, watch the on-demand video of our Harvest 2024 Equipment Market Trends Webinar below.
If you’re an equipment dealer interested in discussions with industry leaders that focus on strategies, trends, and stories from the ag equipment industry (or if you just like to listen in to these kinds of discussions), subscribe to Tractor Zoom’s Beyond the Hood podcast, where new episodes are released every other week.
With these trends in mind, let’s look at a few of last month’s top-selling equipment at farm equipment auctions around the country.
The following are highlights from this month’s farm auction results, featuring top or near-top sales of popular equipment for this season. To find a specific auction company, search our Equipment Auctioneers page and filter by region and state. And to find equipment of all makes and models at dealerships and upcoming auctions, search our used farm equipment page.
Wheeler Auctions in Missouri sold a 2023 John Deere 8R 370 tractor with 378 hours on September 20, 2024, for $370,000. This was the highest sale price for this particular make and model at auction this month.
Specs for this John Deere 8R 370 include:
In the past month, the average listing price of John Deere 8R 370 tractors at dealerships with between 1 and 500 hours was $461,669. Find more used John Deere tractors and other row crop tractors for sale online at Tractor Zoom.
Merit Auctions in Iowa sold a 2023 Case IH Puma 185 tractor with 129 hours for $157,500 on September 24, 2024.
Specs for this Case IH Puma 185 tractor include:
In the past month, the average listing price of Case IH Puma 185 tractors at dealerships with hours between 1 and 500 was $219,500. Find more Case IH tractors for sale and other mid-size utility tractors for sale at Tractor Zoom.
Wheeler Auctions in Missouri sold a 2024 John Deere S780 combine with 13 hours for $523,000 on September 20, 2024.
Specs for this John Deere S780 combine include:
In the past month, the average listing price of John Deere S780 combines at dealerships with hours between 1 and 500 was $538,289. Find more John Deere combines for sale, as well as all makes and models of used combines, online at Tractor Zoom.
Elting Auction Co. in Nebraska sold a 2022 John Deere X9 1100 combine with 1,301 hours for $383,112 on September 11, 2024.
Specs for this John Deere X9 1100 combine include:
In the past month, the average listing price of John Deere X9 1100 combines at dealerships with separator hours between 500 and 1000 was $625,171. Browse available combines for sale online on Tractor Zoom, including used John Deere combines.
Steffes Group Inc. in Iowa sold a 2023 Case IH Tigermate 200 field cultivator for $44,000 on September 6, 2024.
Specs for this Case IH Tigermate 200 field cultivator include:
In the past month, the average listing price of 2012 Case IH Tigermate 200 field cultivators at dealerships was $42,282. Browse available tillage equipment for sale online on Tractor Zoom, including Case IH tillage equipment.
McGrew Equipment Company in Pennsylvania sold a 2022 Bobcat S76 skid steer with 73 hours for $43,340 on September 24, 2024.
Specs for this Bobcat S76 skid steer include:
In the past month, the average listing price of 2022 Bobcat S76 skid steers at dealerships was $60,067.
Tractor Zoom has a wide variety of skid steers for sale listed online or sold at dealerships and auctions across the country. Browse our full selection of Bobcat equipment for sale and other used construction equipment for sale near you.
Find ag equipment auctions across the U.S. on Tractor Zoom, and search for a specific piece of used farm equipment with our convenient site search tools. Inventory is updated every night, so be sure to check back if you can’t find what you’re looking for.
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