Farms.com Auction Report for April 1
By Diego Flammini
Assistant Editor, North American Content
Farms.com
At a March 30 auction in Bonanza, Alberta, Ritchie Bros. held its largest on-the-farm auction ever, selling more than $24 million worth of land and equipment in the process.
Nearly 2,200 buyers from 26 countries took part in the auction, including more than 1,300 online participants who were responsible for purchasing about 24 per cent of the total items.
Two families, the Marshalls and the Nobbs, put their equipment and farm land up for auction. In total, more than 7,400 acres of real estate and more than 800 pieces of equipment were sold.
Some of the auction highlights include:
- Five 2015 CASE IH 580 Quadtrac tractors selling for more than $2 million combined
- Four 2014 Claas Lexion 780 4x4 combines selling for $1.6 million
- Three Elmers Haulmaster 2000 grain carts selling for $350,000 combined
Case IH 580 Quadtrac tractor
Tyler Ruttan, regional sales manager with Ritchie Bros., said the participation in the auction showed the strength in Western Canada’s agriculture industry.
Danny Nobbs, who watched the land tended by his father and grandfather be sold, said it was an emotional day, but he is happy with the results.
Ritchie Bros. has more auctions taking place in western Canada within the next few days.
- Friday, Apr. 1 in Dawson Creek, British Columbia
- Saturday, Apr. 2 in Raymore, Saskatchewan and Vallyview, Alberta
- Monday, Apr. 4 in Westlock, Alberta
Be sure to check back often as the Farms.com Auction Report will continue to provide coverage of interest to commercial farmers.
In the market for equipment? Visit the Farms.com Used Farm Equipment page.