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Farm Power: Tractors dominate Ritchie Bros. auction

Auction was held October 25

Farms.com Auction Report
By Farms.com Media

A Ritchie Bros. auction held in Edmonton, Alberta on October 25 was dominated by tractors, including two selling for more than $100,000.

The top seller was a 2002 John Deere 7810 MFWD tractor, which sold for $110,000.

Specs: 4,533 hours, 840 ldr w/bkt, grapple, 16 spd synchro shift LH rev, diff lock, A/C cab, 3 hyd outlets, 540/1000 PTO, sliding hitch, rear wheel weights, 16.9R26 F, 20.8R38 R.


 2002 John Deere 7810 MFWD tractor

A 2002 John Deere 9520 4WD tractor sold for $109,000.

Specs: 7,911 hours, Leon 4000 6 way dozer, 18 spd powershift, diff lock, A/C cab, 30.5L32, Braden AHSUI0-12F hyd tow cable kit, 2 sets of chains.


2002 John Deere 9520 4WD tractor 

A 2003 John Deere 7320 MFWD tractor sold for $72,000.

Specs: 4,317 hours, 741 ldr w/bkt, grapple, IVT LH rev, diff lock, A/C cab, 3 hyd outlets, 540/1000 PTO, 3 pt hitch, rear wheel weights, 16.9X26 F, 18.4X38 R.


 2003 John Deere 7320 MFWD tractor

A 2004 Massey Ferguson 6485 MFWD tractor sold for $45,000.

Specs: 2,381 hours, 163 hp, 1090 ldr w/bkt, Dyna-6 LH rev, A/C cab, 4 hyd outlets, 540 PTO, 3 pt hitch, 380/85R28 F, 480/80R38 R.


2004 Massey Ferguson 6485 MFWD tractor

A 2010 Kubota M6040D MFWD tractor sold for $43,500.

Specs: 245 hours, 62 hp, LA1153E ldr w/bkt, s/n E0648, loader mounting frame, 8 spd shuttle shift, diff lock, A/C cab, 4 hyd outlets, 540 PTO, 3 pt hitch, 9.5-24 F, 16.9-28 R.


2010 Kubota M6040D MFWD tractor


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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.