Auction Drought area: Another record price

notafarmer

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1985 AC 8070 MFWD tractor with 3600 hours sold for $34,500 on east-central Missouri farm auction Friday - 9/12/2012


DROUGHT AREA: ANOTHER RECORD PRICE
Very interesting. On a small farm estate auction last Friday (9/7/12) in east-central Missouri...in the heart of super tough drought conditions, another new record high auction sale price was recorded, this time on an Allis Chalmers 8070. The 1985 AC 8070 front-wheel assist tractor had just over 3600 hours, was in very good condition but had been repainted (seller's family wanted to "freshen it up" and give it that new look). What did it sell for?

$34,500. Yep, another new record high auction sale price....even from a hard hit drought region. Like I said to open, very interesting. Here are a few more sale prices from that September 7, 2012 farm estate auction in east-central Missouri:

1985 AC 8070 MFWD tractor with 3600 hours: $34,500
1985 AC 8030 MFWD tractor with 2361 hours, 1 owner: $27,000
1991 Deutz-Allis 9190 MFWD tractor with 3044 hours: $22,500
1989 Deutz-Allis 9190 MFWD tractor, hours unknown?: $19,000
AC 6060 MFWD tractor with AC 460 Loader & 2300 hours: $16,000
1978 Chevy C65 grain truck, single axle, 18' Knapheide grain bed & hoist: $8,500
Daewoo DSL801 skid steer with 990 hours & bucket: $8,500

GERINGHOFF TO INVEST $20 MILLION - OPEN 1ST U.S. FACTORY
BIG news yesterday, September 11, 2012...Gerginhoff, the German farm equipment Mfg founded in 1880 by Carl Geringhoff, announced plans to open their 1st factory in the U.S., in St. Cloud, MN. Geringhoff will sink $20,000,000 into the project and plans to hire 100 employees, possible more. Welcome news to central Minnesota where St. Cloud is located. I just posted a Youtube video with more on this big announcement by Geringhoff...and just for fun I added in (3) auction video clips of very nice used Geringhoff corn heads I've seen sold on recent farm auctions:
[video=youtube;8k1rA3JkO2I]http://www.youtube.com/watch?feature=player_embedded&v=8k1rA3JkO2I[/video]
 
 
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