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Farm Power: Case IH tractor tops BigIron auction

Auction was held April 12

Farms.com Auction Report
By Farms.com

An online auction hosted by BigIron Auctions on April 12 was highlighted by a Case IH tractor selling for more than $145,000.

A 2013 Case IH Magnum 340 MFWD tractor from Levant, Kansas sold for $150,250 to a buyer from Nebraska after 269 bids.

Specs: 1,296 engine hours, 676 driveline hours, 340 HP, Case IH Diesel Engine, 19 Speed Power Shift Transmission, Luxury Cab, Luxury Positive Response Seat, Leather Instructional Seat, 2 Exterior Cameras, AM/FM/WB/CD Bluetooth Radio, Category 4 3-Point Hitch with Quick Tach, Large 1000 PTO, 5 Hydraulic Remotes, Class 5 Suspended Front Axle, Five Electric Remotes, High Capacity Hydraulic Pump, Hydraulic Trailer Brake, Front Weights, Rear Tire Weights, 480/80R50 Rear Tires, 380/80R38 Front Tires, Stackmasher, True Ground Speed Sensor, 360 HID Work Lamp Package, Pro 700 Monitor.



 

A 2008 John Deere 9630 4WD tractor from Fort Morgan, Colorado sold for $145,750 a buyer from the same state after 302 bids.

Specs: 2,654 hours, John Deere 13.5L Diesel Engine, Powershift Transmission, Bareback, Clevis Drawbar, 6 Hydraulic Remotes, Leather Seat, Instructor Seat, 800/70R38 Duals, Weights In All Wheels and Rear Weights, Degleman 7200 Dozer Blade, 6-Way Hydraulic, Silage Rack.

A 2011 John Deere 8345R MFWD tractor from Sterling, Colorado sold for $126,250 to a buyer from Nebraska after 147 bids.

Specs: 4,084 hours, 345 HP, 6 Cylinder 9.0L Tier 3 Diesel Engine, IVT Transmission, ILS Front Suspension, Deluxe Cab with Buddy Seat, Auto Track Ready, Foot Operated Speed Control, Premium Radio with CD, Active Seat, Power Extending and Heated Mirrors, Xenon Lighting, Block Heater, 5-SCV with Power Beyond, 60 Gallon per Minute Hydraulic Pump, 1000 PTO, Clevis Drawbar, Category 3/4 - Three Point With Quick Hitch, Front Fenders, 480/80R50 Rear Duals, 380/80R38 Front Duals, 16 Front Weights, 2- 1400# Inner a Rear Wheel Weights, 2) 450# Inner Weights, 2) 450 # Weights on Each Outer Dual.

A 2014 John Deere 1770NT CCS planter from Wisner, Nebraska sold  for $122,750 to a buyer from Nebraska after 149 bids.

Specs: 24R/30" rows, 11-22.5 Tires, CCS Seed Delivery System, Vac, 1000 Gal. Starter Tank, Dual Starter Placement In Furrow Or Behind, Air Down Force, 1 Toothed 1 Smooth Plastic Closers, Cable Drive, 10 Front Weights, Frame Controller And Foot Control, Surefire Ag Systems Fertilizer Pump, Tru V's Unused, Bean Plates And Covers, Spare Parts Include 1 Row Cleaner Bracket, 2 Press Wheels, 24 Rubber Replacements, 1 Cable Drive.

A 2011 Challenger MT765C tracked tractor from Stanley, North Dakota sold for $119,250 to a buyer from the same state after 253 bids.

Specs: 1,811 hours, 320 HP, 8.8L Cat 6 Cylinder Engine, 24" Track Width, Powershift Transmission, Trimble Guidance System, 3 Point, 32 Individual Front Weights At 100 Lbs Each, 43.5 GPM Hydraulic Pump, PTO 1000, 5 Hydraulic Remotes, Deluxe Cab With Passenger Seat, AM/FM Radio, Twin Beacons.


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The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.