Cheffins last on site sale of the year heaps high returns

Cheffins hosted one of the most successful on site auctions of the year at Seventh Drove Farm, Little Downham, near Ely.

Selling on behalf of GA Hobbs and Sons (Farms) Ltd, following Mr Hobbs’ decision to retire from farming, a vast crowd of farmer and dealer buyers gathered looking to purchase a range of agricultural machinery.

 

The top lot of the day was for a 2015 John Deere 6185R with only 825 hours on the clock which sold for £84,000 to a farmer from Yorkshire. Other tractors on offer also made strong prices including; a 2006 John Deere 7920 which made £36,500; a 1996 John Deere 6300 which made £12,800; a New Holland T7.210 which was sold for £39,000 as well as a 2007 Fendt 933 which finally sold for £39,000.  

Also on offer was a range of Standen potato machinery which was well received on the day. Bidding was competitive with a 2013 Standen Mega T2 harvester making £54,000; a 2016 PV400-140 Powervator at £17,400; a 2016 PV150-70 Powervator at £7,800 and 2011 Standen SP200 planter at £7,500. In addition, irrigation equipment was much sought-after with a 2009 Perrot TR450-110 finally knocked down at £13,500, a 2004 Perrot made £8,800 and a 2000 RST pump set fetched £6000.  

Bill King, Director, Cheffins comments:

"We have had a cracking year for on site sales, with stellar prices achieved for second-hand machinery all over the UK. Machinery at on farm dispersal sales continue to achieve premium prices reflecting the fact that more farmers are looking at good quality second-hand alternatives to buying new. The cocktail of rising prices for new tractors, lack of new tractor registrations, a shortage of stock for dealers and a drop in trade-ins has really brought the UK dealers back to our market. This, combined with the export trade making the most of a drop in the pound, has led to UK buyers vying against the foreign buyers and has in turn pushed up prices. Farmers are now entering increased levels of equipment as they see auction as the best way to achieve the highest prices for stock.

“With more on farm dispersal sales scheduled for next year, as farmers consider their options in the face of continuing low commodity prices and Brexit uncertainty, the prospects are good for the used machinery trade and we expect prices to continue rising in line with market demand.”  

GA Hobbs and Sons potato merchanting business is still operating as usual.  

Cheffins’ next on site sale will be on the 8th February, at Methwold Hyde, Thetford, Norfolk.  For more information or to arrange an on site valuation please click here or call 01353 777767 (option 2).

Hobbs Sale Tractors

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