Farm Equipment Auction Results & Market Insights for December 2024

This article will cover some equipment auction sales from December 2024, including 596 equipment auctions and over 17,000 lots advertised nationwide throughout the month. We’ll also highlight top auction sales for specific make/models across equipment categories and average dealer listing prices. 

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2024 equipment market dynamics & influence on 2025

The 2024 equipment market faced volatility from declining values, higher interest rates, surplus supply, and low farm profitability. As we head into 2025, using timely data to manage excess inventory, portfolio risk, and customer insights will be critical for navigating these and other related challenges.

Below are just a few highlights from our full equipment market insights and outlook article on our Tractor Zoom Pro site. To get the full scope of these trends and data-driven insights, request your copy of Tractor Zoom’s exclusive report here.

While the issues of the past two years persist, 2025 will be shaped by shifts in inventory, export demand, and farm profitability.

1. Inventory supply

Planters and combines are balanced, but high horsepower tractors and sprayers remain oversupplied, with made-to-order production significantly reduced. While inventory levels should correct, the process will take time.

2. Export markets

Export demand could alleviate high late-model equipment supply, especially if conflicts like the war in Ukraine resolve in 2025. Catch more on this topic in our Beyond the Hood podcast.

3. Current demand

Machinery demand is linked to net farm income, which faces global competition and rising commodity stocks-to-use ratios, pressuring markets and reducing profitability. Factors like China’s demand reduction and increased yield potential play key roles. Get more information about next year’s outlook from the Ag Economy Insights and a Data-Forward 2025 episode of Beyond the Hood.

4. USDA projected farm income

The USDA’s short-term bullish outlook on corn could provide a temporary boost to equipment markets, but long-term farm income is projected to decline due to yield growth and increasing acres in production.

5. Tariffs

The potential for new tariffs in 2025 could disrupt agriculture markets, affecting key commodities like corn and soybeans and, consequently, equipment demand and values. Hear from Brady Brewer, Associate Professor of Agriculture Economics at Kansas State University about Farmer Buying Behavior.

For a breakdown in equipment categories – including row crop tractors, headers, combines, sprayers, and more – download the full industry report.

Equipment auction results for December

The following are highlights from this month’s farm auction results, featuring top or near-top sales of popular equipment for this season. To find a specific auction company, search our Equipment Auctioneers page and filter by region and state. And to find equipment of all makes and models at dealerships and upcoming auctions, search our used farm equipment page. 

Row crop tractors

Bussey Bros Auctioneers Co. in Ohio sold a 2021 John Deere 8RX 370 tractor with 1,317 hours on December 14, 2024, for $340,000. 

Specs for this John Deere 8RX 370 include:

• Condition: Good
• Hours: 1,317
• Drive: MFWD
• HP: 370
• Rear PTO: Yes
• More: Deluxe cab, 450MM/18in. narrow track spacing, brand new tracks, never been in field, 6 hydraulic remotes, PTO, 3pt hitch, quick hitch, hammer strap hitch, heat/AC, premium radio, Bluetooth, buddy seat, power mirrors, heated mirrors, runs and operates, clean field ready tractor

In the past month, the average listing price of John Deere 8R 410 tractors at dealerships with between 1,000 and 1,500 hours was $444,775. Find more used John Deere tractors and other row crop tractors for sale online at Tractor Zoom.

Mid-sized utility tractors

United Edge Real Estate & Auction Co., LLC in Ohio sold a 2011 Case IH Magnum 290 tractor with 3,643 hours for $111,000 on December 7, 2024. 

Specs for this Case IH Magnum 290 tractor include:

• Condition: Average
• Hours: 3,643
• Drive: MFWD
• Rear PTO: Yes
• HP: 284
• More: MFWD 3,643 hours, 4-remotes, bypass hydraulics, dual front tires 380/85R34, rear tires 480/80R46, 500 lbs rear wheel weights, 1,000PTO, stored inside, original paint, very nice tractor

In the past month, the average listing price of Case IH Magnum 290  tractors at dealerships with hours between 3,500 and 4,000 was $114,720. Find more Case IH tractors for sale and other mid-size utility tractors for sale at Tractor Zoom.

Class 9/10 combines

The Wendt Group in Ohio sold a 2024 John Deere X9 1000 combine with 287 hours for $585,000 on December 11, 2024. 

Specs for this John Deere X9 1000 combine include:

• Condition: Average
• Class: 9
• Hours: 287
• Sep Hours: 206
• More: Only 206.9 separator hrs, 287 engine hrs.; still has warranty (see pictures). Ultimate cab package, Active Yield plus moisture A, Ultimate Suspension package, Ultimate Visibility package, Signature Edition, fire extinguisher package, JDLINK Modem, Starfire 7000 Integrated Receiver, ProDrive XL transmission 40, powered rear axle 2-speed, 260kw variable speed drive, deep tooth shoe, X-Series dual separator, extended wear grain handling, 31 Ft. power fold auger, Powercast tailboard, front tracks, 750/65R26 rear tires, Feederhouse dust fan system, adjustable auger spout, Knife bank adjustment, 110v Coolant heater, Additional “Full” grain tank, Ultimate Technology package, G5 and SF-RTK 1-year License, G5+CC Autotor W/Extend MON, Kondex Rev Roundbar Extnd.

In the past month, the average listing price of John Deere X9 1000 combines at dealerships with separator hours between 0 and 500 was $678,993. Browse available combines for sale online on Tractor Zoom, including used John Deere combines.

Self-propelled sprayers

Wheeler Auctions in Illinois sold a 2023 Fendt RoGator 937H sprayer for $399,000 on December 20, 2024. 

Specs for this Fendt RoGator 937H include:

• Condition: Average
• Hours: 606
• Width: 1,440 in
• Capacity: 1,300 gal
• More: 2023 High Clearance Crop option, 1,300 gallon SS tank, 120’ boom, boom leveling, 20” nozzle spacing, Liquid Logic pulsing twin nozzle, foamer, leather interior, front and side fill-3”, all-wheel steer, auto-steer, Raven Starlink monitor, Trellaborg VF 380/105R50 row crop tires

In the past month, the average listing price of Fendt RoGator 937H self-propelled sprayers at dealerships with hours between 500 and 1000 was $526,820. Browse available self-propelled sprayers for sale online on Tractor Zoom.

Construction: Skid steers

Purple Wave Auction in Kansas sold a 2023 Caterpillar 272D3 skid steer with 462 hours for $58,300 on December 19, 2024.

Specs for this Caterpillar 272D3 skid steer include:

• Condition: Good
• Hours: 462
• More: 2023 Caterpillar 272D3 XPS skid steer loader; displacement: 3.8L; cylinders: 4; fuel type: diesel transmission; hydrostatic two-speed travel operator station, enclosed cab, AC/heat, backup camera, bucket control: hand pattern changer; electronic monitoring system panel features, auxiliary hydraulics, high-flow auxiliary electrical outlet, quick coupler, hydraulic bucket; tilt cylinder issue

In the past month, the average listing price of Caterpillar 272D3 skid steers at dealerships was $57,500. Tractor Zoom has a wide variety of skid steers for sale listed online or sold at dealerships and auctions across the country.

Construction: Compact excavators

Teter Auction Company in Missouri sold a 2023 Kubota KX080-4 compact excavator with 222 hours for $87,500 on December 19, 2024.

Specs for this Kubota KX080-4 compact excavator include:

• Condition: Good
• Hours: 222
• More: Super Series 2 mini excavator 2023 Kubota KX080-4 Super Series 2 mini excavator, fully equipped cab, 18” rubber tracks, 7’ 4-way float angle blade, 24” bucket w/ hyd. thumb, auxiliary hydraulic plumbing, quick coupler, hand/foot drive controls, 213 hrs

In the past month, the average listing price of 2023 KX080-4 compact excavators at dealerships was $109,998. 

Tractor Zoom has a wide variety of compact excavators for sale listed online or sold at dealerships and auctions across the country. Browse our full selection of Kubota equipment for sale and other used construction equipment for sale near you.

Find ag equipment auctions across the U.S. on Tractor Zoom, and search for a specific piece of farm equipment for sale with our convenient site search tools. Inventory is updated every night, so be sure to check back if you can’t find what you’re looking for. 

Use our equipment loan calculator to get an estimate on what you’ll need ahead of time and make your ag equipment financing process smoother.