Lack of stock and favourable exchange rates for foreign purchasers has continued to drive up auction prices with Cheffins’ August sale grossing higher results than for the previous two years. The sale, which took place on 7th August, saw totals up 17 per cent on the same month in 2016 and 104 per cent on the same month in 2015.
Bill Pepper, Director, Cheffins, reports on the sale: “Harvest, holidays and the tail-end of hay-making all have a negative impact on what goes on in the yard and quite often August happens to be our quietest and slowest month of the year. Was August 2017 the same? Well, in a word “NO!” Despite having a more concentrated entry than previous auctions, the overall result was the best for an August sale since 2103 and continues the great run of auctions we’ve had now since the Brexit vote last year. Exchange rates obviously play a part but it’s the lack of stock which brought many a trader both from the UK and abroad to the auction to buy much-needed kit.”
“Some 260 tractors were consigned this month and strong trade was indicated early on as a 2007 Claas Arion 577 nudged £18,500 and £16,000 was made for a 2009 Arion 630. Claas latterly have really come into their own as buyers mostly from Hungary and Bulgaria snap up most of these marques whenever they’re entered. New Hollands this month enticed plenty of interest from a multitude of nationalities; a super-sharp TM125 attracted plenty of bids, finally selling to an Irish bid of £16,500; a 2007 TS13A with loader is destined for the same country for £24,000; home trade nabbed a 2010 T6050 Plus for £23,000; Spanish Euros bought a direct from farm and very presentable TG255 for £17,000 and a small but perfectly formed 2015 TD5.65 notched up £12,000 and staying in this country.
John Deeres this month were simply superb, superlative, brilliant, outstanding and whatever adjective one wishes to use. For the umpteenth month now, Deeres have been enjoying mammoth demand and we just about sold out of these green and yellow machines. Spanish buyers were strong but so too were some Polish, Dutch, Cypriot and UK purchasers. Top price was £54,000 for as 12 plated 7280R (UK); over £29,000 was paid for a well spec’d 2009 6830, (a cracking price (Poland); almost £40,000 was enough to buy a 2013 6190r (Cyprus); over £16,000 was paid for a 2002 6320 with loader and a 2011 5090M almost topped £23,500.”
“Traditionally the August sale sees a smaller entry compared to the other months of the year and this month’s auction of Plant was no exception. The other traditions of summer weather and a lower attendance of buyers didn’t quite follow as expected with cloud and hints of rain hanging over a larger crowd than normal for this time of year. The best result in the digger loader entry was a 1998 3CX which will be going in a container bound for Sri Lanka in the next few days having made a respectable £15800 and another manual 3CX built in 1995 which was bought by a UK buyer, but will no doubt be travelling further afield, with a very reasonable £12K price tag. Anything else sold will be staying in the UK.
Telescopics created more export interest as 72% of the JCB’s sold to the UK, Eire, the Czech Republic and Bulgaria. A good looking 2009 Merlo 32.6 with low hours made good money at well over £18K and helped to a pleasing overall percentage of 64% of the telescopics finding new owners. Following in the drive through line up was a good entry of dumpers which changed hands with considerable success. Benford 6 tonne models were the most popular leading to a top price of over £4500 only to be exceeded by a young looking Neuson TD15 tracked example hitting over £5500. Of the smaller capacities, a nice 2011 Terex PT3000 hit the top mark of £4600.
A small entry of Rollers saw the best interest coming from a Sri Lankan buyer who will be shipping a Hamm DV90 and a 2005 Terex TV1300 having paid £14500 and £4200 respectively.
In the static section notable examples included at 1996 Volvo A30 Dump Truck at around £13K; a 2006 Kubota KX161-3 making just under £11K; a couple of Kubota KX71-3 from the mid 2000’s going over £7500; a 2004 Takeuchi TB145 seeing over £9K and a pair of 2014 JCB 801.4’s topping out at just under £8K. UK buyers were the most active with the support of one from the Czech Republic and one from Hungary.”
“Contrary to recent years the machinery trade in the August sale was excellent. With harvest and holidays often affecting entries and the number of buyers at the sale, it was superb to have a good amount of items to sell. Hedgecutter trade was phenomenal with 22 under the hammer, over 80% found new homes with most flying past their reserves. Plough trade was on the up with a good amount of stock, Lemken, Rabe and Gregoire Besson examples all commanding good prices. Balers were still in demand with the middle range models selling well, a nice John Deere 578 example caused much bidding before eventually finding a new home at over £5000 and is staying within the UK. Trailer trade was still good, with well-known makes providing the stronger prices; Ifor Williams, Graham Edwards and A S Marston all having a good day.”
“The horticultural section this month, although short on quantity, quality showed itself to be the winner. Compact tractors were eagerly sought after and a 2013 New Holland T1500 sold for £8400 closely followed by a Valpadana 6575 at £6000 and then a clean Ford 1910 at £1700.The quantity of mowers available were slightly down on the previous month but good quality and clean lots sold well with an Iseki mower selling well at £4900, a John Deere 355GX at £1500 and a very clean Stiga Titan achieving £4300.”
“The spares section of the sale sold well again this month with just shy of 60% changing hands, anything from tractor weights to complete cabs can be found in this part of the sale most of which sell at very healthy prices. Wheels and tyres are also a popular sale and this month was no exception, a good pair of Stocks 710-70 sold well at £1700 and good pairs of 16.9-28 at £400.”
The next sale will be on Monday 4th September at the Sutton Sale Ground. For more information please mail the team or call Cheffins auctioneers on 01353 777767.