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ANALYSIS, AUCTION PRICES

Farm Equipment Auction Results: September 2024

Author

Kevin Heintz

October 07, 2024

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.

Ag equipment market trends for September/October 2024

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.

Tractor Zoom Harvest 2024 Equipment Market Trends Webinar

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. 

Equipment auction results for September

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. 

Row crop tractors

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:

  • Condition: Excellent
  • Hours: 378
  • Drive: MFWD
  • HP: 370
  • Rear PTO: Yes
  • More: 2023 MFWD w/ILS front end, IVT transmission-40K, Command Pro Control, 6 hyd outlets (1 hi-flow), 84 GPM-dual hyd pump, 1000 PTO, 20,000 LB rear lift capacity w/quick hitch, Gen 4 command center w/4.0 activations, Signature Series Ultimate Comfort and Visibility packages, 380/90R54 rear tires, 380/80R38 front tires, full warranty until March 30th, 2025 or 2,000 hours

Row Crop Tractor 8R370

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.

Mid-sized utility tractors

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:

  • Condition: Good
  • Hours: 129
  • Drive: MFWD
  • Rear PTO: Yes
  • HP: 185
  • More: 2023 Case IH Puma 185 MFWD Tractor, 540/1000 PTO, 4 hydraulic outlets, 2x 91kg rear wheel weights, 6 front weights, Loader Prep package, 3 point, leather seat, buddy seat, 480/80R46 rear tires, 380/85R34 front tires, 129 hours

Utility Tractor Case IH Puma 185

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.

Class 8 combines

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:

  • Condition: Excellent
  • Hours: 13
  • Sep Hours: 5
  • Drive: PRWD
  • More: Never been in the field! 4WD, Pro Drive transmission, 5-speed feeder house, CM w/dual hyd tilt, power folding hoppers, chopper w/Powercast tailboard, 28.5′ unload auger, ext wear Tristream rotor, extended wear grain handling, extended wear round bar concaves, general purpose shoe, Gen 5 display; Ultimate Tech package–3 year license, Premium Cab package, Premium Visibility package, 1250/35R46 front tires, full warranty until May 13th, 2025 or 2,000 hours

John Deere Class 8 Combine

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.

Class 9/10 combines

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:

  • Condition: Good
  • Class: 9
  • Hours: 1,301
  • Sep Hours: 910
  • Drive: PRWD
  • More: Power rear wheel drive, Gen 4 4600 command center, Ultimate Suspension package, Ultimate Visibility package, Active Yield Plus, Pro Drive XL transmission, variable speed drive, X Series dual separator, extended wear grain handling, 31′ power folder auger, 36” tracks; starts, runs, and drives with no issues

Class 9 Combine JD X9 1100

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.

Field cultivators

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:

  • Condition: Average
  • Width: 606 inches
  • More: 50.5 feet, 5-section fold, 70-inch knock-on sweeps, 2-bar coil-tine harrow, round bar rolling baskets, walking tandems across, (4) pivoting gauge wheels, single owner

Tigermate 200 Field Cultivator

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.

Construction: Skid steers

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:

  • Condition: Good
  • Hours: 73
  • More: Skid steer EROPS, 73 Hours, heat and air, radio, SJC controls, AUX hydraulics, rear camera, 74 HP Doosan diesel, 80” severe duty bucket, hydraulic SSL Quick Attach, 12-16.5 tires, 2900 LBS lift capacity, 10250 LBS operating weight, emission warranty valid till 10/24/27 or 3000 hours, standard warranty valid till 10/24/24 or 2000 hours, located at McGrew Equipment Company (Seven Valleys PA)

Skid Steers Bobcat 076

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. 

Use our equipment loan calculator to get an estimate on what you’ll need ahead of time and make your ag equipment financing process smoother.

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