Farm Equipment Auction Results & Market Insights: July 2024

In this article, we’ll cover some equipment auction sales from July 2024, including 402 equipment auctions nationwide throughout the month. We’ll also highlight top auction sales for specific make/models across equipment categories and average dealer listing prices. 

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Before looking at the auction results, let’s look at trends for some of the most popular equipment types selling in July and August, along with our new ag equipment news segment, “Trends in 10,” featuring Andy Campbell, Tractor Zoom’s Director of Insights.

Ag equipment market trends for July/August 2024: “Trends in 10”

The ag equipment market continues to experience a downward shift in prices due to an oversupply of high-use equipment, creating a buyer’s market. Most equipment types are following a similar trend line, though others are a bit more volatile.

Tractor Zoom’s Director of Insights, Andy Campbell, surveys the current equipment market in a few top categories, including row crop tractors, combines, headers, and sprayers.

Here are some key takeaways from this “Trends in 10” market report:

• The equipment market is experiencing changes due to factors like layoffs in manufacturers and lower-than-expected earnings.
• Class 8 combines, particularly John Deere S780s, have seen a drop in value, with a 6% decrease in June and July.
• Row crop tractors, especially John Deere 8Rs, are also experiencing a decline in value, with a 6-9% decrease annually.
• Self-propelled sprayers have been volatile, with John Deere models seeing a 14-19% drop in value.
• Orders for planters are expected to decrease, as farmers are opting for retrofitting and upgrading existing equipment.
• The adoption of technology in the equipment market is influencing values and supply.

If you’re an equipment dealer interested in discussions with industry leaders that focus on strategies, trends, and stories from the ag equipment industry (or if you just like to listen in to these kinds of discussions), subscribe to Tractor Zoom’s Beyond the Hood podcast, where new episodes are released every other week.

And for more information on current marketing conditions, watch Tractor Zoom’s 2024 Summer Farm Equipment Market Update webinar video recorded in early July 2024.

With these trends in mind, let’s look at a few of last month’s top-selling equipment at farm equipment auctions around the country. 

Equipment auction results for July

The following are highlights of this month’s farm auction results, featuring top or near-top sales of popular equipment for this season. To find a specific auction company, search our Auctioneers page and filter by region and state. And to find equipment of all makes and models at dealerships and upcoming auctions, search our used farm equipment page. 

Row crop tractors

Wheeler Auctions in Missouri sold a 2021 Case IH Magnum 310 tractor with 1,102 hours on July 27, 2024, for $263,000. This was the highest sale price for this particular make and model at auction this month.

Specs for this Case Magnum 310 tractor include:

• Condition: Average
• Hours: 1,102
• Drive: MFWD
• HP: 310
• Rear PTO: Yes
• More: AFS Connect, Class 5 Suspended Front Axle, CVT Transmission-50K, 5 hyd outlets, Twin Hyd pumps, 1000 PTO, Pro 1200 Monitor and Vector Receiver, Active Cab Suspension, 480/80R50 Rear Tires, 380/80R38 Front Tires, 1102 hours, SN JJAMG310HMRK01067

In the past month, the average listing price of Case Magnum 310 tractors at dealerships with hours between 1,000 and 1,500 was $287,017. Find more used Case IH tractors and other row crop tractors for sale online at Tractor Zoom.

Utility tractors

Wheeler Auctions in Missouri sold a 2023 John Deere 6R 155 tractor with 400 hours for $172,000 on July 27, 2024. 

Specs for this John Deere 6R 155 tractor include:

• Condition: Good
• Hours: 400
• MFWD
• Rear PTO: Yes
• HP: 155
• More: 2023 JD 640 loader w/grapple, IVT transmission, 4 hyd outlets (electric), 540/1000 pto, 40GPM hyd pump, Autotrac-ready, 4200 processor, LED lights, 480/80R42 rear tires w/duals, 420/85R28 fronts, full factory warranty until 06-25-2025 or 2000 hours, Powertrain warranty until 06-25-2026 OR 1500 hours

In the past month, the average listing price of John Deere 6155M tractors at dealerships with hours between 1 and 500 was $229,943. Find more John Deere tractors for sale and other used farm tractors online at Tractor Zoom.

Compact tractors

Enlow Tractor Auction in Oklahoma sold a 2021 Kubota MX5400 tractor for $39,000 on July 3, 2024. 

Specs for this Kubota MX5400 tractor include:

• Condition: Good
• Hours: 50
• MFWD
• Rear PTO: Yes
• HP: 55
• More: MX5400 CHA, 4WD, 30HRS, #15512 KUB LA1065 LDR, Hydro, R4 

In the past month, the average listing price of Kubota MX5400 tractors at dealerships with hours between 1 and 500 was $36,105. Find more Kubota tractors for sale, as well as all makes and models of used compact tractors, online at Tractor Zoom.

Class 8 combines

Ed’s Machinery in Missouri sold a 2023 John Deere S780 combine with 395 hours for $387,500 on July 12, 2024. 

Specs for this John Deere S780 combine include: 

• Condition: Average
• Class: 8
• Hours: 395
• Sep Hours: 198
• Drive: PRWD
• More: Contour Master Feederhouse w/Hyd for/aft, 5-speed Feederhouse Drive, Pro Drive trans, Powerfold bin extension, 26 unload auger, Advanced Powercast tailboard, Active Yield, premium cab w/leather, Gen4 Command Center w/Ultimate Technology Package, extended wear grain handling, extended wear concave, 580/85R42 duals, 620/75R26 steer tires, basic warranty until Aug 2024, engine warranty until Aug 2025, emissions warranty until Aug 2028, extended Powertrain warranty until Aug 2026

In the past month, the average listing price of John Deere S780 combines at dealerships with separator hours between 1 and 500 was $540,095. Browse available combines for sale online on Tractor Zoom, including used John Deere combines.

Class 9/10 combines

Wheeler Auctions in Missouri sold a 2021 Case IH 9250 combine with 903 hours for $320,000 on July 27, 2024. 

Specs for this Case IH 9250 combine include:

• Condition: Good
• Class: 9
• Hours: 903
• Sep Hours: 639
• Drive: PRWD
• More: 2021 Factory Tracks, 4WD, Power Plus CVT drive, lateral tilt w/fore-aft an rock trap, in-cab vane adjust and pre-sieve adjust, power-folding grain tank covers, unload auger for 40′ headers, w/independent cross auger & pivoting spout, fine cut chopper w/dual disc spreaders, chrome cone, large tube-AFX rotor, combine automation, premium LED lighting, luxury cab, Pro 700 & 372 Receiver, 750/65R26 rears, 893/639

In the past month, the average listing price of Case IH 9250 combines at dealerships with separator hours between 500 and 1,000 was $455,083. Browse available combines for sale online on Tractor Zoom, including used Case IH combines.

Harvesting equipment: Row headers

Wheeler Auctions in Missouri sold a 2022 Case IH 4412F row header with 12 rows for $65,000 on July 27, 2024. 

Specs for this Case IH row header include:

• Condition: Average
• Rows: 12
• Spacing: 30
• More: Case IH 4412F corn head, 2022 12R30″, knife rolls

In the past month, the average listing price of 2022 Case IH 4412F row headers at dealerships was $122,536. Browse available harvest equipment for sale online on Tractor Zoom, including used Case IH corn heads for sale.

Construction: Skid steers

McGrew Equipment Company in Pennsylvania sold a 2015 New Holland L230 skid steer with 3,395 hours for $50,000 on July 16, 2024.

Specs for this New Holland skid steer include:

• Condition: Average
• Hours: 3,395
• More: Hand & foot controls, 2-speed, High Flow AUX hydraulics, 90 HP FPT diesel, 83″ GP bucket, SSL Quick Attach, 14×17.5 tires, 3000 LBS lift capacity, 8300 LBS operating weight, located at McGrew Equipment Company (Seven Valleys PA)

Tractor Zoom has a wide variety of skid steers for sale listed online or sold at auctions and dealerships across the country. Browse our full selection of New Holland equipment for sale and other used construction equipment for sale near you.

Find ag equipment auctions across the U.S. on Tractor Zoom, and search for a specific piece of used farm equipment with our convenient site search tools. Inventory is updated every night, so be sure to check back if you can’t find what you’re looking for. 

Use our equipment loan calculator to get an estimate on what you’ll need ahead of time and make your ag equipment financing process smoother.