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Well, the first sale of the year was probably better than we expected and it was significantly better than last year when snow and poor weather disrupted proceedings. Admittedly, with the long Christmas break and the country being in the grip of arctic conditions during most of December, fresh stock on offer was limited and the overall sale entry was down. However, the first law of economics, good ol’ “supply and demand” helped push prices up and many vendors left with a feel good factor which helped banish any New Year blues and lethargy!!
On the tractor front we had a “mere” 302 on offer and whilst the tractor numbers were down, it certainly concentrated trade resulting in 62% of the tractors sold, the best percentage for some time. On the Sunday viewing day it was clearly evident that despite the Euro exchange rate of 1.20 (not disastrous but some way off the near 1:1 rates we saw at times during 2010) a number of strong Euro-Zone buyers were inspecting machines and together with the arrivals on sale day, a healthy crowd was gathered around most auctioneers.
Tractor Sale 1 sale started on a positive note as all of the usual 3000 series Masseys sold to a single Yorkshire buyer who swept all competition aside with some flourish and this trade is expected to continue particularly as we have some new Middle Eastern buyers “on the block”. The Fords which followed generally sold well too. The 10 series just about all sold out, most ultimately heading to a Far East destination, the few 40 series also met with robust trade resulting in very few remaining and the assorted mix of plainer Fiats, Internationals, Cases etc mostly found new homes both home and away.
On the premier section, trade really was sharp as the buyers this time were not spoilt with the usual vast selection they are accustomed too. First indicators were when a sharp but nevertheless 20 year old JD 1750 nudged £7150 soon followed by a L reg JD 6400 with loader which scrambled past its reserve to make £12,100, Spain bound and that really was how trade continued!! Moving down the rows, an impressive 2009 Claas 840 Celtis sold for £44,800 after being here for a couple of months, a sharp Case MXU115 with loader achieved £22,100, an equally presentable 2008 Case Maxxum 140 sold well for nearly £24,000 and its fair to say Case trade was neigh on the best its ever been! John Deeres weren’t exactly slow either as the relatively low numbers on offer galvanised bidders into almost frenzied activity! A 2006 6420 sailed past its reserve to top £25,000, a 2004 version made £19,000, a brace of 6830’s, 2008 in the year, topped £39,100 and £37,000 (the difference due to 50KPH and good tyres), a plain 2007 7530 made the money at £37,500, a full spec’d 6910 sold well for £18,800, a compact but bijou 5820, 2004 in the year and fitted with power loader achieved £17,300 and a 2004 6920S sold to Spain for £20,000.
Some example prices for other makes would include £33,400 for a New Holland 7030, £17,100 bought a 2004 TS100A, £29,400 was paid for a low houred (1027hrs) 2008 Massey 5470 and a nice looking MF 4230 was bid to £14,900.
On the older tractor section, with the exception of Massey 135’s and hopelessly high reserves, trade was nothing short of astounding as both home and domestic buyers bid on the 89 tractors available. 100, 200, 500 and 600 series were all in demand and post auction, the sales area looks erringly sparse with very few tractors remaining. Some example prices would include £4550 for an original but well used 290, similar money was paid for a similar 698, between £2,500 and £3,000 purchased any of the 590’s on offer and 165’s, the tractor of choice for many developing countries, all sold ranging from £1,200 to £2,500 depending on spec.
January is traditionally the smallest sale of the year in the Contractors Plant section. Although entries were light, we were very pleased with the quality especially the 3CX’s and some of the telescopics. A better than expected for the time of year, crowd of buyers from the UK, Lebanon, Sri Lanka and eastern Europe fought hard over the JCB, Caterpillar and Case digger loaders on offer. This resulted in 75% being sold with many exceeding their reserves. Overall 56%of the telescopics offered were sold with JCB 530/70 and 526s models being the most popular and seeing demand outstripping supply. From then on life got a little harder with bidding on a good quality entry of larger excavators stopping short of reserves in the majority of cases. Mini digger and dumper trade can, at best, be described as selective. The signs are that these items will start to sell better as spring approaches. Middle Eastern buyers continued to keep the results for smaller plant such as rollers, compressors and buckets, good. Altogether a better result than we anticipated, with a good demand which we expect to carry on growing as we move on through the year. 2011 has definitely started with more confidence than 2010.
A select field of agricultural machinery met with a larger crowd than anticipated on Monday with a high percentage of items going overseas particularly to Eire, Germany and Poland. Prices realized were inline with reserves and as is frequently the case, good clean machines ready to go to work often exceeded such. Large tipping trailers sold well as did busters with packers. Even with the hay making season some months away, our first fresh crop of tedders were entered and these generally sold well to the Euro-Zone. Trailers sold well too: a Bunning 12-14 trailer sold at £5750 and a 16ton dump trailer topped £2450. Out of season balers were poor although we do expect this trade to improve next month. In the horticultural section ATV trade was very good with 85% sold and in the spares, the engines as ever sold strongly, dominated by Middle Eastern purchasers.
Looking out the office window, the sale yard looks like a proverbial desert with just the odd machine to break up the sparseness. January auction was a good result to start the year and I’m quite sure the buoyant trade will continue and therefore we look forward to receiving entries in all sections for Monday 7th February
Sales Report January 2011
As this is my first sale report of 2011, may I wish everyone a Happy New Year and I hope this year proves to be a prosperous, happy and most importantly a healthy one to you all!Well, the first sale of the year was probably better than we expected and it was significantly better than last year when snow and poor weather disrupted proceedings. Admittedly, with the long Christmas break and the country being in the grip of arctic conditions during most of December, fresh stock on offer was limited and the overall sale entry was down. However, the first law of economics, good ol’ “supply and demand” helped push prices up and many vendors left with a feel good factor which helped banish any New Year blues and lethargy!!
On the tractor front we had a “mere” 302 on offer and whilst the tractor numbers were down, it certainly concentrated trade resulting in 62% of the tractors sold, the best percentage for some time. On the Sunday viewing day it was clearly evident that despite the Euro exchange rate of 1.20 (not disastrous but some way off the near 1:1 rates we saw at times during 2010) a number of strong Euro-Zone buyers were inspecting machines and together with the arrivals on sale day, a healthy crowd was gathered around most auctioneers.
Tractor Sale 1 sale started on a positive note as all of the usual 3000 series Masseys sold to a single Yorkshire buyer who swept all competition aside with some flourish and this trade is expected to continue particularly as we have some new Middle Eastern buyers “on the block”. The Fords which followed generally sold well too. The 10 series just about all sold out, most ultimately heading to a Far East destination, the few 40 series also met with robust trade resulting in very few remaining and the assorted mix of plainer Fiats, Internationals, Cases etc mostly found new homes both home and away.
On the premier section, trade really was sharp as the buyers this time were not spoilt with the usual vast selection they are accustomed too. First indicators were when a sharp but nevertheless 20 year old JD 1750 nudged £7150 soon followed by a L reg JD 6400 with loader which scrambled past its reserve to make £12,100, Spain bound and that really was how trade continued!! Moving down the rows, an impressive 2009 Claas 840 Celtis sold for £44,800 after being here for a couple of months, a sharp Case MXU115 with loader achieved £22,100, an equally presentable 2008 Case Maxxum 140 sold well for nearly £24,000 and its fair to say Case trade was neigh on the best its ever been! John Deeres weren’t exactly slow either as the relatively low numbers on offer galvanised bidders into almost frenzied activity! A 2006 6420 sailed past its reserve to top £25,000, a 2004 version made £19,000, a brace of 6830’s, 2008 in the year, topped £39,100 and £37,000 (the difference due to 50KPH and good tyres), a plain 2007 7530 made the money at £37,500, a full spec’d 6910 sold well for £18,800, a compact but bijou 5820, 2004 in the year and fitted with power loader achieved £17,300 and a 2004 6920S sold to Spain for £20,000.
Some example prices for other makes would include £33,400 for a New Holland 7030, £17,100 bought a 2004 TS100A, £29,400 was paid for a low houred (1027hrs) 2008 Massey 5470 and a nice looking MF 4230 was bid to £14,900.
On the older tractor section, with the exception of Massey 135’s and hopelessly high reserves, trade was nothing short of astounding as both home and domestic buyers bid on the 89 tractors available. 100, 200, 500 and 600 series were all in demand and post auction, the sales area looks erringly sparse with very few tractors remaining. Some example prices would include £4550 for an original but well used 290, similar money was paid for a similar 698, between £2,500 and £3,000 purchased any of the 590’s on offer and 165’s, the tractor of choice for many developing countries, all sold ranging from £1,200 to £2,500 depending on spec.
January is traditionally the smallest sale of the year in the Contractors Plant section. Although entries were light, we were very pleased with the quality especially the 3CX’s and some of the telescopics. A better than expected for the time of year, crowd of buyers from the UK, Lebanon, Sri Lanka and eastern Europe fought hard over the JCB, Caterpillar and Case digger loaders on offer. This resulted in 75% being sold with many exceeding their reserves. Overall 56%of the telescopics offered were sold with JCB 530/70 and 526s models being the most popular and seeing demand outstripping supply. From then on life got a little harder with bidding on a good quality entry of larger excavators stopping short of reserves in the majority of cases. Mini digger and dumper trade can, at best, be described as selective. The signs are that these items will start to sell better as spring approaches. Middle Eastern buyers continued to keep the results for smaller plant such as rollers, compressors and buckets, good. Altogether a better result than we anticipated, with a good demand which we expect to carry on growing as we move on through the year. 2011 has definitely started with more confidence than 2010.
A select field of agricultural machinery met with a larger crowd than anticipated on Monday with a high percentage of items going overseas particularly to Eire, Germany and Poland. Prices realized were inline with reserves and as is frequently the case, good clean machines ready to go to work often exceeded such. Large tipping trailers sold well as did busters with packers. Even with the hay making season some months away, our first fresh crop of tedders were entered and these generally sold well to the Euro-Zone. Trailers sold well too: a Bunning 12-14 trailer sold at £5750 and a 16ton dump trailer topped £2450. Out of season balers were poor although we do expect this trade to improve next month. In the horticultural section ATV trade was very good with 85% sold and in the spares, the engines as ever sold strongly, dominated by Middle Eastern purchasers.
Looking out the office window, the sale yard looks like a proverbial desert with just the odd machine to break up the sparseness. January auction was a good result to start the year and I’m quite sure the buoyant trade will continue and therefore we look forward to receiving entries in all sections for Monday 7th February
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