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New Holland tractor takes top spot in Ritchie Bros. auction

Auction was held on July 12

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Farms.com Auction Report
By Farms.com Media

A New Holland tractor highlighted an auction hosted by Ritchie Bros. Auctioneers in Toronto, Ont. on July 12 after it sold for more than $100,000.

The 2014 New Holland T7.250 MFWD tractor sold for $104,000.

Specs: 414 hours, diesel, 232 hp, 18 spd powershift LH rev, diff lock, A/C cab, 4 hyd outlets, 540/1000 PTO, 3 pt hitch, frt weights, VF600/60R30 F, VF710/60R42 R.

A 2015 Kubota M110GX MFWD tractor sold for $67,500.

Specs: 25 hours, diesel, 110 hp, frt PTO, frt 3 pt hitch, frt aux hyd, 24 speed partial powershift LH rev, diff lock, A/C cab, 1 hyd outlet, 540/1000 PTO, 3 pt hitch, 13.6R24 F, 18.4R34 R.

A 2009 Stargate 46ft. Quad/A grain trailer sold for $57,000.

Specs: alum box, 72 in. axle spread, air lift steering 4th axle, A/R susp, air scales, roll tarp, Elcar tarp system, Loadmaxx air weight system.

A Kubota L4240D utility tractor sold for $23,000.

Specs: 450 hours, 4 cyl, diesel, 45 hp, L2184 snow blade, A/C cab, 3 pt hitch, 540 PTO, 2 hyd outlets, tier 4, L2674 snow blower, hydrostatic.

A Massey Ferguson 3070 MFWD tractor sold for $12,000.

Specs: 5,543 hours, Hardy, 12 spd, diff lock, 2 aux hyd, 540/1000 PTO, 3 pt hitch, rear wheel weights, 14.9/24 F, 18.4R34 R, loader.


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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.