Yesterday I attended a farm retirement sale 16 miles southeast of me..It was the third sale I've been to this year where the temperature was in the low 40's with a north wind...Today at noon it was 33 degrees and we had 1/2 to 1 inch of snow...Our normal high is 70 this time of the year..
They tried to sell the 360 acre farm at 10 AM....Theres 335 acres tillable,10 acres of timber, and a 5 acre lake...There was a 1240 sq ft house, 40 by 60 machine shed,40 by 42 shop,and 22,000 bushels of grain storage..They tried to start at $4,000 per acre and dropped to $2,500 and no one would raise it....Several said that the owner wanted $3,600 per acre....A friend farms in this area and says that the soil is so-so and the rain often skips it..This land would cash rent for about $75-80 tops per acre..Those that think this is cheap haven't farmed in this area..
1-MM U tractor $2500
2-MM ZA tractor $2500-they sold choice on the MM's and the same guy took both..
3-560 Farmall gas $2600 and owner said no sale-wanted $3500-some of the crowd left then and more did later after more no sales
4-800 Ford $2,100
5-9700 Ford $6,400
6-2390 Case $6,500
7-7720 John Deere combine $5,500
8-JD 925 header $5,000 The header trailer sold for $2,025-They offered the combine together with header and no one bid
9-IH 900 8 row planter Started at $1,000 and no one would bid-seller wanted lots more.
10-Krause 22 ft disk $1,400
11-Case-IH 5400 15 ft no till drill Had a bid of $750-seller wanted $3,500
12-Case-IH 24 ft harrow $2,600
13-Allis Chalmers HG6 track loader with bucket-great under carriage but engine had bad crank-had a bid of $2,000 and seller wanted $3,000.
14-MM 3 bottom trail plow $125 The JD rotary hoe behind the plow sold for $200
15-IH fast hitch 3 bottom plow $300
16-IH 2x12 trail plow $150
17-Ford 3 bottom plow $140
18-No picture but a 1979 C-70 Chevy 10 wheeler with hoist and 550 bushel bed-Had a bid of $3,500 but seller wanted $5,000
They tried to sell the 360 acre farm at 10 AM....Theres 335 acres tillable,10 acres of timber, and a 5 acre lake...There was a 1240 sq ft house, 40 by 60 machine shed,40 by 42 shop,and 22,000 bushels of grain storage..They tried to start at $4,000 per acre and dropped to $2,500 and no one would raise it....Several said that the owner wanted $3,600 per acre....A friend farms in this area and says that the soil is so-so and the rain often skips it..This land would cash rent for about $75-80 tops per acre..Those that think this is cheap haven't farmed in this area..
1-MM U tractor $2500
2-MM ZA tractor $2500-they sold choice on the MM's and the same guy took both..
3-560 Farmall gas $2600 and owner said no sale-wanted $3500-some of the crowd left then and more did later after more no sales
4-800 Ford $2,100
5-9700 Ford $6,400
6-2390 Case $6,500
7-7720 John Deere combine $5,500
8-JD 925 header $5,000 The header trailer sold for $2,025-They offered the combine together with header and no one bid
9-IH 900 8 row planter Started at $1,000 and no one would bid-seller wanted lots more.
10-Krause 22 ft disk $1,400
11-Case-IH 5400 15 ft no till drill Had a bid of $750-seller wanted $3,500
12-Case-IH 24 ft harrow $2,600
13-Allis Chalmers HG6 track loader with bucket-great under carriage but engine had bad crank-had a bid of $2,000 and seller wanted $3,000.
14-MM 3 bottom trail plow $125 The JD rotary hoe behind the plow sold for $200
15-IH fast hitch 3 bottom plow $300
16-IH 2x12 trail plow $150
17-Ford 3 bottom plow $140
18-No picture but a 1979 C-70 Chevy 10 wheeler with hoist and 550 bushel bed-Had a bid of $3,500 but seller wanted $5,000
