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Farm Power: Case machinery dominates BigIron auction

Auction was held on June 8

Farms.com Auction Report
By Farms.com Media

An online auction hosted by BigIron Auctions on June 8 saw multiple pieces of Case machinery sell for more than $100,000.

The sale topper of the entire auction was a 2013 Case IH 8230 combine, which sold for $184,750.

Specs: 499 engine hours, 332 separator hours, 2-speed elevator and unload auger, HD lateral header tilt withour rock trap, upper sieve 1 1/8’ slat, lower sieve 1 1/8” slat, independent cross auger unload control, 520/85R42 duals, 600/65R28 steering tires.

Case combine
2013 Case IH 8230 combine

A 2013 Case IH 400 HD 4WD 4x4 tractor sold for $155,250.

Specs: 745 hours showing, manual adjust exterior mirrors, HID lights – 4, window and a post monitor bar, PRO700 monitor, guidance components unlocked for WAAS, true ground speed sensor, Tier4A, 12.9L 400hp engine, 16-speed powershift transmission, standard hydraulic pump, 4 remotes, 1000 RPM PTO, 3 pt hitch with quick hitch, 480/80R50 duals.

Case 400 HD tractor
2013 Case IH 400 HD 4WD 4x4 tractor

A 2014 Case IH Magnum 290 MFWD tractor sold for $125,350.

Specs: 1,067 hours showing, 18-speed powershift transmission, true ground speed sensor, 8.7L 280 hp engine, front tires 420/85R34 duals, rear tires 480/80R50 duals, 10 front weights, high capacity hydraulic pump, 4 remotes, hydraulic return, 1000 RPM PTO.

2014 Case 290 Magnum
2014 Case IH Magnum 290 MFWD tractor

A 2014 Case IH 2240 sprayer sold for $114,000.

Specs: 397 hours showing, 90’ wide, 600 gal poly tank, AIM command, 5-section control, 20”-30” spacing, combo rate dual body, 3-sensor auto boom height control, PRO700 monitor, hydrostat transmission, tires 380/90R38.

Case IH sprayer
2014 Case IH 2240 sprayer


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Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


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.