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New Holland tractor takes spotlight in Ritchie Bros. auction

Auction was held on June 1

FARM POWER

Farms.com Auction Report
By Farms.com Media

A Ritchie Bros. auction held in Denver, Colorado on June 1 was highlighted by a New Holland tractor selling for more than $94,000.

A 2012 New Holland T9.450 4WD tractor sold for US$95,000 ($128,056 CAD).

Specs: 6,035 hours, 405 hp, 16 spd powershift, diff lock, A/C cab, 4 hyd outlets, aux hyd, hitch, 620/70R42, duals.


2012 New Holland T9.450 4WD

A 2005 John Deere 9520 Scraper Special 4WD tractor sold for US$61,000 ($82,220 CAD).

Specs: 7,426 hours, 450 hp, 18 spd powershift, A/C cab, 4 hyd outlets, scraper hitch, frt wheel weights, rear wheel weights, 710/70R42, duals.


2005 John Deere 9520 Scraper Special 4WD tractor

A 2016 Wilson DWBT650SS 54ft. Quad/A live bottom grain trailer sold for US$47,500 ($64,034 CAD).

Specs: air lift 1st & 4th axles, A/R susp, roll tarp.


2016 Wilson grain trailer

A 2004 John Deere 6420 MFWD tractor sold for US$45,000 ($60,658 CAD).

Specs: 7,119 hours, 110 hp, loader w/grapple, A/C cab, 3 hyd outlets, 540 PTO, 3 pt hitch, 16.9-24 F, 460/85R38 R.


2004 John Deere 6420 MFWD tractor

A 2005 John Deere 9520 4WD tractor sold for US$32,500 ($43,812 CAD).

Specs: 687 hours, 450 hp, 18 spd powershift, A/C cab, 4 hyd outlets, hitch, rear wheel weights, 710/70R42, duals.


2005 John Deere 9520 4WD tractor 

A 2005 Kubota M125X MFWD tractor sold for US$22,000 ($29,656 CAD).

Specs: 3,173 hours, 125 hp, Kubota M1886 ldr, 16 spd partial powershift, A/C cab, 2 hyd outlets, 540 PTO, 3 pt hitch, 14.9R24 F, 480/30R38 R.


 2005 Kubota M125X MFWD tractor


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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.