Presents
BISON GAME DAY NORTH DAKOTA STATE
SATURDAY, OCTOBER 16, 2021
►When: 2 p.m. Saturday, Hancock Stadium, Normal, Ill. ►TV: WDAY (ABC)
ILLINOIS STATE
►Radio: 107.9-FM, 1660-AM, 92.7-FM
r u o r o f h watc
! g o l a t a C r e t n i W Auctions, Market Trends, Highlights & More!
Reaches over 75,000 readers across the US! SOLD HIGHL HIGHLIGHTS
REAL ESTA ATE Nemaha County,, NE
EQUIPMENT
N Ne Land & Ho TIMED ONLINE
Case-IH 500STX
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2021
Sc chw Equip pme
Baker, MT
For
$381,000 2019 John Deere 9520RX
IONEER’S NOTE: Opportunity to se various sized tracts in Nemaaha Nebraska! Tillable farm land to a building site, just off of 75. Expand your farmland porrtfolio hly desirable Nebraska farmlaand!
John Deere 1895 & Cart
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Late Fall 2021 Market Update:: Farm Industry Market Trends Demand Continues
Full Lot Listing & Details at
esGroup.com e
Tract 1 - 39.93± Acres / Tract 2 - 113± Acres A /T
Anville FFamily Mason Holvoet / 319. Nate Larson / 319.
AL ESTA A ATE
eeker County, M e MN
M Me Tillable e La TIMED ONLINE
021
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They say every growing season is different and as harvest is upon us, that couldn’t be more telling from a weather and price standpoint. Yet, it seems every area has had a different set of obstacles to deal with this growing season. It was about a year ago when commodities started climbing upward. The machinery market reacted instantly, telling us that producers were holding off on making purchases until some profitability was built into their operation. This spring and summer brought an appetite for machinery like we haven’t seen before due to the short supply of new equipment coming out of factories. Couple that with increased potential for on-farm income; it’s no wonder we have seen many record prices on used equipment at auction. Farm machinery accounted for 92.2 billion dollars in sales for 2020 and is on a path to hit 113 billion by 2025 at a 4.2% annual increase. Auctions have
a unique relationship with t market, and one cannot exi the other. At this present tim seeing used equipment sel retail price because produc can’t find what they arre loo g an equipment lot. As we w move thro h the fall quarter of 2021, expect mor of the same trend. Inteerest ates are still low, and the suppply wi not ha recovered yet to fill thhe demand.
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in Litchville, ND also saw a pent up demand during 2004 Case-IH 375
With the run-up in commod you would be hard-prressed find an article on farm mland reading an agriculturee or in publication. In the aucction we have seen the trend in r it started last fall. From 201 s va summer of 2020, we saw decrease and eventually be Along with the decreaase pe the number of transacctions exponentially. For exaample
2013 Case-IH 8230
SteffesGroup.co S tef fesGr oup.com om Steffes Group, Inc.
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$380,000 2015 John Deere 844K-II
Do Farrm 20011 Case
Iowa 8.9% Minnesota 9.8% Illinois 8.2% South Dakota 11.9% Nebraska 13.8% Wisconsin 10.7% Indiana 9.5% North Dakota 6.7% Farm profitability is forecasted to increase by 19.5% in 2021. Coupled with the interest rates at historic lows and strong commodities, the trend will continue to be strong.
by Steffes with the ability to search by year, make, and model. It will give you the date sold, location, and what the final selling price was. My hope is that you find it as valuable as I have in tracking used equipment prices. Simply scan the QR code below to download the app and have fun searching through all the sold prices!
$342,000 2020 John Deere 8370R
Ashley Huhn, Site Lead Litchfield, MN Steffes Group, Inc.
Steffes Price Guide
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This is the fourth catalog to be put out this year by Steffes. They are all important, yet this catalog stands above the rest as we get to introduce our new pricing app – Steffes Price Guide. It is something I am personally passionate about. We have CLOS SES: Tuesday, T November 0AM M CDT used this app internally 2, for2021 a few | 10AM 2008 Apache A AS1010 years, andAUCTION now weTO areINCLUDE: launching it & 4WD Tractors, Track MFWDThe & 2WD Equipment, Grain to the public. appTractors, is free Harvest and will Cart & Gravity Wagon, Swathers, Planters, Air Drill, includeSelf-Propelled pricing on equipment soldSpreader & Fertilizer Scan the QR Code! Sprayer, Fertilizer Equipment, Tillage Equipment, Semi Tractor & Trucks, Hopper Bottom Trailer Car Trailer NH3 & Chemical
Every Auction Has a Story, Let Us Share Yours.™
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Justin Ruth / 701.630.5583 Justin.Ruth@SteffesGroup.com
Randy Kath / 701.429.8894 / Randy.Kath@SteffesGroup.com
, Inc.
land ye
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17 Steffes Group, Inc.
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It Since 1960
Would you like your auction to be featured in our catalog? Contact a local representative today to discuss advertising deadlines & the best option for you!
701.237.9173 | SteffesGroup.com | Steffes Group Inc., 2000 Main Avenue East, West Fargo, ND
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$342,000
2018 John Deere S780
$329,000
2018 John Deere S780
more highlights continued on page 38