It was all guns blazing for the third monthly plant and machinery sale at Cheffins to be held entirely online since lockdown started on 23rd March. The live webcast auction kicked off at 10am once again to a deserted saleground with bidding strictly online only. With consistent and robust bidding for the third month in a row, there is no sign of a slow-down in the second-hand machinery market with bidders now demonstrating total confidence in the Cheffins’ online bidding platforms.
The older Massey Ferguson category was absolutely flying with exceptional trade for the 290 model with 5 of them making a very healthy £8,000, £8,300, £8,200, £8,000 and £8,200. There is huge demand for these classic tractors from the 1970s and 1980s including the Massey Ferguson 590, 165, 168, 185 and 188 models. The market for these classics was exclusively Sudanese based.
The export market was strong for other parts of the globe too with the John Deere 30 series and R series selling to Spanish buyers. And on the domestic front the New Holland models will be making their way across the water to Northern and Southern Ireland while the more recent Massey Fergusons were purchased by Southern Irish buyers with some remaining in the UK.
Highlights of the sale included: a New Holland T6.155 with a loader which was scooped up for £40,000; a Claas 850 Axion Cebiswhich fetched £44,000; a nice Massey Ferguson 399 model sold for £14,000 and a Fiat 180 -90 secured for £12,500.
Bill Pepper, Director and Head of Machinery at Cheffins, comments: “Trade for the older classics held firm all day with huge appetite from our Sudanese clients for models from the ‘70s and ‘80s. Overall the trade was split 50/50 between the export and domestic market with confident bidding online from buyers determined to secure the kit. As a rule, agriculture is counter-cyclical to the general economy and this was evidenced by the very confident bidding throughout all sections of this month’s sale.”
Cheffins next monthly machinery sale will take place on Monday 3rd August and will be an online only event. Cheffins hopes that certain elements of the sale the following month on 7th September will be open to the public for live bidding at the sale ground albeit this will be dependent on government guidance at the time.