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Farm Power: John Deere tractor highlights Ritchie Bros. auction

Auction was held on May 25

Farms.com Auction Report
By Farms.com Media

An auction hosted by Ritchie Bros. Auctioneers in Regina, Saskatchewan on May 25 was highlighted by a John Deere tractor selling for more than $165,000.

A 2013 John Deere 8235R MFWD tractor sold for $167,500.

Specs: 1,160 hours, 235 hp, IVT, LH rev, diff lock, GS3 CommandCenter display, A/C cab, hi flow hyd, 4 hyd outlets, Big 1000 PTO, Q/C 3 pt hitch, frt weights, rear wheel weights, 480/70R30 F, 480/80R46 R, duals, 540/1000 PTO, plumbed for GPS.


2013 John Deere 8235R MFWD tractor 

Another 2013 John Deere 8235R MFWD tractor sold for $160,000.

Specs: 479 hours, 235 hp, 16 spd powershift, diff lock, GS3 CommandCenter display, A/C cab, hi flow hyd, 4 hyd outlets, Big 1000 PTO, Q/C 3 pt hitch, frt weights, rear wheel weights, 480/70R30 F, 480/80R46 R, duals, 540/1000 PTO, plumbed for GPS.


2013 John Deere 8235R MFWD tractor

A 2011 Case IH Steiger 535HD 4WD tractor sold for $147,000.

Specs: 4,554 hours, 535 hp, powershift LH rev, diff lock, AFS 262 receiver, deluxe cab, 5 hyd outlets, aux hyd, frt weights, rear weights, 800/70R38, duals.


2011 Case IH Steiger 535HD 4WD tractor

A 2007 Case IH Steiger 535HD 4WD tractor sold for $120,000.

Specs: 5,170 hours, powershift LH rev, diff lock, AFS 252 receiver, deluxe cab, 5 hyd outlets, aux hyd, frt weights, frt wheel weights, 800/70R38 duals.


2007 Case IH Steiger 535HD 4WD tractor

A 2013 Loftness GBU-10 grain extractor sold for $29,000.

Specs: 540 PTO, 17 in. discharge auger, 10 in. cross auger.


2013 Loftness GBU-10 grain extractor

A 2015 Brandt 1390 XL 13in. x 90ft. mechanical swing grain auger sold for $21,000.

Specs: 540 PTO, winch, hyd lift.


2015 Brandt 1390 XL 13in. x 90ft. mechanical swing grain auger


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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.