Farms.com Home   Ag Industry News

Ritchie Bros. auction sells more than $46M worth of items

Participants included buyers from as far as Asia

By Diego Flammini
Assistant Editor, North American Content
Farms.com

A Ritchie Bros. auction held in Forth Worth, Texas between May 4 and 5 resulted in more than $46 million worth of items being sold.

Here are some of the highlights:

A 2011 John Deere 8360R MFWD tractor sold for $142,500 USD ($178,823 CAD).

Specs: 2257 hours, diesel, IVT, diff lock, A/C cab, 4 hyd outlets, 1000 PTO, Q/C 3 pt hitch, ag hitch, HID lighting, frt weights, rear wheel weights, 420/85R34 F, 480/80R50 R, duals, frt duals, GS3 Command Center.

2011 JD
John Deere 8360R MFWD tractor

A 2014 John Deere S670 RWA combine sold for $175,000 USD ($219,608 CAD).

Specs: 766 hours, reverser, VSR, auto HHC, F&A, lateral tilt, rock trap, grain tank exts, chaff spreader, yield & moisture, Contour Master fdr house, HID lighting, 900/65R32 F, 28x26 R, 521 sep hrs showing, GS3 Command Center.

2014 JD combine
John Deere S670 RWA combine

A 2014 Haybuster CMF-430 vertical mixer bale processor sold for $23,500 USD ($29,490 CAD).

Specs: 540 PTO, 43 in. x 5 ft. conv, 436 cu. Ft mixing capacity, 88-inch diameter auger, 30 in. discharge height, adjustable vertical knives.

Haybuster
2014 Haybuster CMF-430 vertical mixer bale processor

More than 4,000 registered bidders participated in the auction, including people from Colombia, Vietnam and the United Arab Emirates.


Trending Video

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.