America’s Land Auctioneer

Land Market Surge

Kevin Pifer + Jack Pifer + Steve Link + Andy Mrnak + Jim Sabe + Christian Miller Season 8 Episode 21

A multibillion-dollar rainstorm has completely transformed the land market across Western North Dakota and surrounding regions. After months of drought conditions had operators questioning whether there would be enough grass for the season, recent rainfall measuring 2-10 inches has saturated the soil, filled dugouts, and created a wave of optimism that's driving strong prices for both grassland and cropland.

The results from recent auctions tell the story vividly. A 3,076-acre ranch in Golden Valley County drew 52 serious bidders, with cropland parcels bringing $2,375 per acre and the ranch headquarters selling for $1,750 per acre. Similarly, a quarter-section of grassland near Dickinson fetched $2,000 per acre - evidence that well-maintained properties with good water infrastructure and fencing are commanding premium prices. These sales reflect more than just improved moisture conditions; they demonstrate the fundamental strength in a market where livestock numbers have declined nationwide over the past five years.

The cattle market has responded accordingly, with bred pairs selling for approximately $4,500 at recent sale barns. With forward contracts for calves potentially bringing $2,100 each, the economics of restocking herds makes tremendous sense for operators. The farm equipment market shows similar strength, with used John Deere sprayers bringing $40,000 more than comparable models sold just last year.

Looking ahead, several exceptional properties are coming to market, including 1,800 acres in Corson County, South Dakota, 685 acres in Burke County, North Dakota, and a truly unique 840-acre property in Custer County that offers something extraordinary - a direct view of Mount Rushmore from one of its nine parcels. Whether you're looking to expand your operation or find that perfect recreational property, now's the time to explore these opportunities at Piferscom or call 701-523-7366 to speak with our experienced team.

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Contact the team at Pifer's

Speaker 2:

Good morning and welcome everybody to America's Land Auctioneer. I'm your host today, andy Murdoch, pfeiffer's Auction Realty and Land Management, right here out of the Bowman Regional Office Pfeiffer's Auction Headquarters in Western North Dakota, in studio this morning with Jim Sabby. Jim, thanks for joining us here today. How are you today?

Speaker 3:

Very good. It's beautiful out and we've had some good moisture here over the last seven, eight, nine days and we just needed it. And the whole country's attitude has changed.

Speaker 2:

It's been a multibillion-dollar rainstorm here in Western North Dakota and I know it didn't hit everybody equally. We've been hearing anywhere from two inches to five inches and upwards in that eight to nine, ten inches, you know, across the countryside and not a lot of puddles. I mean it came in a nice slow, steady, you know sit and spin type of misting style of rain and and, uh, looks to me like we're gonna.

Speaker 3:

You know this is the drought buster that everybody talked about it is and uh, you know we can tell by just driving a country. There is starting to be some water standing in the fields a little bit, but we know that's going to soak in. But the ground is finally getting saturated enough now where we will have some standing water and the creeks are full. The dugouts are getting full. Before when we had those rains they got full and all of a sudden they got the moisture got sucked right down into the ground and so we've had it very nice and it is plenty cool, though they were talking a little snow force. We still may hit some on Wednesday, but I think it's just going to be rain and I know a lot of guys are AI-ing and doing those projects right now. We actually saw some bread, pears or some pears sell at the sale barn and the market's really good for them. So market's good. We just hope to see this commodity prices go up on the wheats and the corn and the beans.

Speaker 2:

Yeah, without a doubt, and I know the livestock guys are struggling with the damp, cold and all of that that goes with it, especially this time of year when guys are starting to wrap up calving and try to get pears turned out to grass. But the one nice thing is here about two weeks ago we didn't know if there's going to be grass to turn out to. Now it's a different ballgame. You and I on Monday went out to the sale barn to watch some really nice bred females and pears sell and you know the cattle market was extremely strong and obviously you know there's a lot more optimism now with what should be a good pending, you know, grass crop.

Speaker 3:

It's really kind of funny because they said last week there was some sheep that went to Pennsylvania out of Bowman and this week there was a great market out there but a lot of out-of-the-area buyers. I mean, they've had grass, they're ready to turn out. Maybe they are turning out and out here people are still a little skeptical of you know, do we dare buy? Maybe we can now, but if we're already at our capacity we probably shouldn't push the limit. So we're seeing our market expanded all across the United States.

Speaker 2:

But when they were telling me about those sheep going to Pennsylvania, that's a long road trip for that livestock. Yeah, and one thing we noticed here in the last I would say, four or five years now is just a slow decline in livestock numbers, and that's nationwide. And it all started with the droughts down in in texas and oklahoma, kansas, new mexico, arizona, here just a couple of years ago we watched those markets uh, really rebound just off of basically your typical econ 101 supply and demand. Right, I mean we we're sitting here with a low supply, high demand for cattle and we had rain up north. A lot of southern cattle started moving this direction. They were sending a lot of cattle to the markets here, probably three, four, five years ago. Now we're in a rebounding market.

Speaker 2:

You know guys are trying to rebuild their numbers up. They're trying to rebuild them all the way up through the central plains and all the way into the southern plains, up through the central plains and all the way into the southern plains and and right now we've got the cattle and they didn't. You know we're, we're probably the, the northern tier of the united states is is, uh, certainly reaping the benefit. You and I watched a bunch of 4500 pairs. You know hit the market here for three to five year old cows and that's a lot of money for three to five year old cows. But, as the auctioneer was talking about, you can market your calves or forward contract them at 2100,100. You basically got some way up. Cows at the bare minimum at $2,000 or $2,100 themselves Pretty safe bet to even dive into a $4,000 pair.

Speaker 3:

It is and we're also seeing some pressure from other parts of our state that they've been breaking up all the pasture and we're starting to see those ranchers branch out further and further to try to find more pasture. So we're starting to see that and some of those guys have just said to heck with it, they're going to sell out at this kind of market anyway. But when you see all this pasture getting broke up, there's a reason why our market is a little bit higher in certain areas, especially for rents on a lot of these pastures.

Speaker 2:

So we just got to remember there's a lot of combinations that are all hitting at the same time and, uh, just got to bear with it and hopefully for the best, and I hopefully we got a couple years left in this yeah, and I think there is and we're going to start seeing these, uh, the numbers rebounding, obviously, but you know, as many guys are trying to build their herds up, it's a good exit time for other operations too, and we're starting to see quite a bit of that.

Speaker 2:

A lot of grass has been hitting the market here in the last, uh, last few weeks and and certainly a lot more interest in grass selling here in the next few months and I look for 2025 to be kind of a strong market for grass, especially in the Western Dakotas, eastern Montana. This drought basically went from Livingston or Great Falls all the way to Bismarck, and I'm not going to say that every square inch of it got covered, but as much of a widespread drought buster as I've seen, at least in my lifetime. You're a lot older. You've probably seen eight or 10 of these by now, but it's been one of those deals that I think just you know the overall confidence level in the market and what guys are looking for operators between Eastern Montana, western North Dakota, all the way through the, you know, all the way down into the Black Hills of South Dakota. Just a lot of good optimism now and we should have grass growing pretty good.

Speaker 3:

We should, and Hugh and I talked about this before, but the last time we kind of seen this, I think it was 2013, where we were so dry going into the spring and in May it started raining. I think we had 30 some inches of rain that year. So you know, things can change in a hurry and you know, just got to be positive and optimistic and whatever's happening, it's going to be working now.

Speaker 2:

Yep, no without a doubt, and I think there's a lot of great things going on. You can certainly tell we've had a busy, busy spring. You know I haven't been on the show together here for a few months but I tell you what we can give kind of a recap of kind of what was going on with Pifers here in the past few weeks, or specifically in the past few months. I know those of us here on the western side of the state we've been kind of hitting the road pretty hard, starting to get into the June timeframe in July, with lots of sales coming up more sales in June and July than I can say that we've probably had in many years.

Speaker 3:

That's true. And you know we're booking them steady, getting into July and August now and and with that June market really filled up for sales. I mean, we looked at the calendar and and I don't know how many we've got between now and the end of June, but I think the 26th or 27th of June we kind of end the end of the month over in Minnesota. So I mean we're kind of hitting a big territory right now and and so we're just going to keep moving along and hopefully, you know, if you're looking to sell or buy, just give us a call, any one of our agents and our Andy and I and John and Allie out here in Bowman, but get a hold of them because we're ready to roll.

Speaker 2:

I would say that we've seen probably as much strength and confidence in the market, whether we're talking about grassland or farmland or talking about anything as far as just about every category across the board on equipment. We've seen a lot of strength in the market and really haven't seen much of a gap, as long as the equipment's been well taken care of and well presented and well represented, of course, on our part. But then you know, our marketing can only do so much. The equipment has to speak for itself and we've really had the luxury of working with some really tremendous operations here this spring and whenever.

Speaker 3:

You know when half the equipment stays within a 25 or 30 mile radius of a property, you, you know, you know what kind of operator they were and you know and everybody sees the big buildings they put up to have cold storage for the machinery and that is such a plus in today's world with all the technology and electronics and everything in this stuff, you have to keep them undercover. And it showed these last couple of sales. My gosh, they reaped the benefit of having things inside.

Speaker 2:

Yeah, without a doubt, let's dive right into some of the last few land auctions. Steve Link and I usually do the monthly recap and kind of what's happening. Let's talk about May. We've had some really really tremendous sales here in May. Kind of all started off right there. We were in Wells County 791 acres back on the 7th of May Really really nice auction in Wells County and I know we talked about that in the last segment. But looking at the following, uh, uh, the. The following day we were in Dickinson, north Dakota, for a quarter land. You were at that auction. Go ahead and tell everybody how that one went.

Speaker 3:

We had a very nice crowd there. I mean people still like to be at the live auctions. But uh, I went down and picked up the signs that day and there was grass all over this place and I mean it's just unbelievable for habitat, for for wildlife, for cattle, for haying, whatever you wanted to do. But we had interest and we got there. We could tell who was going to be buying it. But there was some really good interest in it and I think we had three guys bidding on that property and you know it sold very well. I thought I believe we were on that $2,000 an acre for grass and I thought that was really good money for it. It did have good water on it and had good fences. It was the perfect scenario, the perfect storm for this property. But people were very impressed to how the owner took care of this.

Speaker 2:

Yeah, without a doubt, and it was a really nice quarter. Yeah, there was grass all over, but it had sat idle for about three to five years. So you know, no production on it recently. And whoever made the purchase if they're going to kick some cows out there had a well on the property, but it was $2,000 an acre for a really nice quarter down off the Leffer Road. That very same day back into the evening we moved over to Medora, north Dakota, selling a 3,000-acre ranch just north of Sentinel Butte, and as far as interest in grassland, this was going to be kind of the ultimate gauge we were going to try to figure out of this auction where the market mentality was and how much strength there was in the grass market, especially in some cropland also there in Golden Valley County Tremendous setting.

Speaker 2:

The auction we held on the second level of the North Dakota Cowboy Hall of Fame. Had a tremendous opportunity to work with Miss Cody Miller there and she basically set up the whole auction for us. But we come in there with full force and had a tremendous crowd of excellent interest on the internet as well. But we'd given a lot of tours of that property over the last month or so. But when we come back after our break we'll get into some of the details on that specific property as well. So lots of great, a lot of great auctions here in May.

Speaker 2:

I want to talk about some of the other properties or some of the other equipment auctions after the break as well. But further into May we had 160 acres in Burley County $4,000 an acre for some really nice crop plan there as well, and another 417 acre online only auction in Kidder County. So that's kind of the immediate update. We're going to be back in the next segment. We're going to talk a little bit more about that 3000 acre ranch, some other comparable properties that we've got coming up in June and July. So stay with us. Whether you're buying or selling land, equipment or real estate, trust the team that's built on experience and results. Piper's Auction, realty and Land Management, their farm and ranch auctioneers, land brokers and land managers are the best in the business. Visit piperscom today because when it comes to land auctions and land sales, nobody does it better.

Speaker 2:

We'll be right back after this break welcome back to america's land auctioneer andy murnock, piper's auction realty and land management right here out of bowman, north dakota. Uh, sitting side by side with my partner in studio today, jim savvy. Uh, we talked in the first uh segment about the uh, you know a little bit about the cattle market, a little bit about the optimism after a beautiful rain shower still raining, kind of a nice feeling around here in western North Dakota. We don't get the week-long rain showers as you would say here in this specific scenario. But a lot of great optimism. But we got kind of cut short a little bit.

Speaker 2:

I want to go back and talk about the 3,000-acre that we held in medora, north dakota, and again, this is 3 076 acres in golden valley county. It was offered, jim, it was offered. We had it in seven different tracks, anywhere from gosh we had 140 acre tract all the way up to parcel number seven, which I believe was 900, right at a thousand. We had a thousand thirteen acres in parcel number sevencel. Number four was 958 acres, but right out of the chute, a lot of good competitive bidding. There was a lot of cropland here that had been converted to grass Based off of the productivity of the soils it certainly was capable of going back into being really good productive cropland that lays in a really good spot. But it was all fenced individually. It all had access to it and you know it. It basically appealed to a lot of the a lot of the local bidders on on the on that scenario.

Speaker 2:

Now we had a couple of a couple of active bidders right away and push the first quarter out the, out the door at $2,375 an acre for a really nice cropland. But again, it was most recently into grass. Production had a pipeline right to it, feeding a water tank to it and then basically the second round of bidding went off without a hitch. We had a lot of good interest in it. We kind of expected the ranch headquarters to carry the value. There was a lot of cropland in that 900-acre parcel and $1,750 an acre. The high bidder selected just about 3,000 acres right out of the chute. So just a really strong sale, a lot of good, competitive bidding. And you know you had a chance to talk to a lot of the producers in the area and you know it wasn't really unexpected to see this ranch, you know, go off at such a strong value.

Speaker 3:

And they all knew it would too. But it was really kind of interesting. You know, we had 52 people sitting in the seats at this sale. That's a pretty big land sale and with a lot of chairs filled, and it was a lot of optimism there also. But when you talk to the guys that were bidding, I mean they were there with a purpose. They were not. I mean they had a number and one or two of them might've went a little bit above their number, but they knew it was going to take some good money to get this place Just how it was set up, with the fence, the water and the grass. I mean you just don't get to see that much grass like that in that territory and guys knew it and they were after it.

Speaker 2:

It was a well-managed property and you know obviously there's good strong interest in it because of how well-maintained it was. And you know obviously there's good strong interest in it because of how well-maintained it was. Yes, the fences were like brand new. He put about 15, 18 miles of water line in that property as well had a tremendous well that fed it all southwest water into the main yard Everything that you really need in a full production operation. And that's why we saw what I believe is a little bit of a premium on that property.

Speaker 3:

Yeah, and people. At the end of the day everybody was happy. The buyers were happy, the family that sold was happy. But when you see everybody walking around with a smile on their face, they knew it was going to be at that kind of dollar amount and everybody was thrilled with the outcome.

Speaker 2:

Obviously, a really, really tremendous and successful sale there in Golden Valley County really kind of brought into light what we saw earlier this spring, what we saw last fall, as far as the strength in the market and the overall demand that we're starting to see from grass. Last year when you and I were selling some properties on the Montana side as well as down the South Dakota side, I mean, we had bidders all the way from Texas and New Mexico looking at grassland. They didn't have the ability to buy it. You know the local market certainly dominated.

Speaker 3:

Right and we're seeing that in most of this, whether it's pasture ground, hay ground, or you get into the farming and the locals are really going after things with a hot market and basically they're trying to keep some of the neighbors over the hill, the way it looks to me, and they're doing a great job of getting this stuff purchased. And you know, now you've got a big rain. On top of all this, it makes everything look good for this next year.

Speaker 2:

Yep, without a doubt. Now, coming up here on probably the second week of June, on June 9th, we've got 1,800 acres in Corson County, south Dakota, just across the border south of Morristown, and really kind of lays, real similar. Got a nice little ranch headquarters on that one as well, a little bit of cropland, but the majority of that is grass. You know, right into the South Dakota side, straight south of Carson, north Dakota, or just down, you know, in that lemon to Morristown McIntosh area. So 1,800 acres, acres almost virtually contiguous. Lots of good, uh, lots of good grass on that property, lots of good fences and in the um, the water situation on that one's you know, very well designed, well thought out. So, uh, keep in mind, we got a tremendous auction, very comparable to what we're just talking about, and you know the demand should be good and just kind of a different area. So this is going to appeal to a whole different buyer base and it's good strong grass in that country too, for cattle.

Speaker 3:

I mean, whether you're running yearlings or you're running uh cow, cow pairs, it is good grass and it puts pounds on cattle.

Speaker 2:

If you get into corson county the grass does not have to be eight to ten inches tall to be, you know, to be to be good. Yeah, you know that sometimes actually quite the opposite. You know, three, four-inch grass can be quite potent. So a lot of great opportunities for grass coming up here yet this spring. Probably one of the highlights that we've been talking about here also in South Dakota is down in Black Hills. We've got a tremendous property, 840 acres, down in Custer County. The western border of the property is the Custer County or the Custer State Park, right off LH Road, right off of the wildlife loop, just only about three miles away from the state game lodge there at Custer, parcel number one, though always pretty exciting to talk about this and I've had the ability to see it myself now. My camera actually was able to take a picture of it, even as bad of a camera as we use sometimes the parcel number one. If you build it right on the top of the hill, it's got its own well, it's got electricity right to the property.

Speaker 3:

Beautiful place to build a house right on top, but you would have a direct view of Mount Rushmore every night, right when you sent that picture, man, that'd be kind of a cool picture to look at every morning, every evening.

Speaker 2:

I don't know if there's 10 properties or 20. I'd have to do some homework, so don't quote me on this. But I don't know if there's 20 properties that are privately owned in America that can say that they would have a direct view of Mount Rushmore Right, Even the neighboring properties there. I mean it just this specific parcel. You have to be in the one spot where the hills part right. It's where the break in the hills are and you have a direct direct view, and it's not just where you can just kind of faintly see it.

Speaker 3:

You've got all four faces clear as day, so it's a beautiful, beautiful track yeah, very, very beautiful to look at, uh, but that country down there it's all beautiful. I mean, we don't get to see that kind up here unless you're going through, uh amadon to medora, you know, east river road. But what a great scenery down there, a lot of wildlife and what a great opportunity for people that want to bid on a piece of america.

Speaker 2:

It's right there absolutely, and that one's coming up on july 17th. We've got a couple of open house dates on that property as well. So if you ever want to come down and take a look at it, pay attention to piperscom. We've got a lot of great opportunities. There's 839 acres. It's offered in nine distinguished tracks. Parcel number one is a full quarter. You've only got access to one point so it's pretty secluded, virtually on top of the world there. So you've got a good entry point and good access to it. But once you climb the hill and there's a nice little trail that gets you to the top there, that's where the vantage point is for Mount Rushmore. Lots two through nine or parcels two through nine are going to be offered anywhere from a 40-acre track to 160 acres down in the southern portion of it and that's where the western boundary of that property is.

Speaker 2:

The Custer State Park, right at the junction of Cobb and LH Road, really really nice piece all by itself, basically down in a nice valley where you got the black hills all around you, as secluded as you're going to find, and really really nice private, secluded property where it's just going to provide opportunity for anybody. Again, if you're only looking for 40 acres, we've got it. If you want a little bigger tract, we've got it right. You want to tie a bunch of it together? We have that too good productive grassland. This has been a ranch its entire life, right? You know this family, basically back in the oh, I'm going to say the 40s I got the history lesson on it one day but back in the 40s were pushed out of the park when the state basically declared their park. I don't know if it was eminent domain back in that time, but they basically relocated them to outside of the fence and that's where this property sits.

Speaker 3:

Yeah, it's nice.

Speaker 2:

So a lot of great land auctions coming up here over the course of the next few weeks. We've got the 67 acres in Clay County, minnesota, from the 1,800 acres, of course, in County South Dakota 185 acres in Clay County, minnesota, following that sale as well. Back up north there's 685 acres in Burke County, north Dakota Always a tremendous time to be up there. You and I are actually going to be up there for a couple of equipment auctions. We're going to talk about them immediately after the break here as well. So lots of great things coming up. We're going to be back at for a third segment here at America's land auctioneer, but before that, if you're looking for a professional auction service or expert land management, pifers auction realty and land management delivers proven success across the upper Midwest with the best farm and ranch auctioneers and brokers in the industry. They'll help you.

Speaker 2:

Piper's Auction Realty and Land Management out of the Bowman Regional Office, sitting here in studio side-by-side with my partner, jim Savvy, land connoisseur, equipment auction manager pretty much the jack of all trades right here with Mr Jim Savvy. So I tell you what we've talked about a lot about the land that was offered here. We touched on some of the upcoming land auctions that we've got pending here as well. But I tell you what, coming up in the next few weeks, we've got a couple of other tremendous opportunities here, and I want to talk about the 169 acres that we've got in Grant County.

Speaker 3:

I'll let you just take this one. It's a very nice property. I mean, a couple of years ago I remember we were going to an auction sale and I wasn't with you but you overshot the I shouldn't say overshot the runway, but the, the my direction's been and stopped in this place on top of the hill and and it was Roger Zinn's you got to visit with and eventually now, after he passed the, family's going to have us sell it. But it's a beautiful property on top of the hill. It's got a nice ravine going through it. The wildlife is is really nice. It's got a very nice shop on there that was built in 1992. It uh it's one of those that I think a third of it is probably fully insulated, uh, cement floor and then the back is cold storage, but part of that's got cement on it also. So it's a beautiful shop and big enough. You could probably put a living quarters in there if you wanted to.

Speaker 2:

Yeah, for a combination shop. You know, given its location right off the pavement, right off the highway, you know it kind of stands out. I mean, it's a tremendous property. When you drive by it, you know the landscape itself is enough to grab your attention. But then you've got this really nice building sitting right in the middle of this farmstead. And it's a pretty modest farmstead it is. But this building and another building on the property certainly stands out as far as where's the value it does.

Speaker 3:

And you know that's good farm and ranch country right there. We know a lot of those guys and we've sold a lot of properties over there, had a lot of machinery sales in that area. But this one here just kind of stands out Just by when you're driving to the east. Then all of a sudden you got those ravines down in there and it's just beautiful. And you know, with a little work you can kind of get things picked up from the barn and the crels. And you know it's got another Quonset on there and it's a Curvet Quonset but excellent cement floor. The door shut on that thing, really good. So I mean you got some value there and it's just been fun. I think I've showed that thing eight or nine times here in the last month and I got some more showings going on coming up and then we sell what is sale. 28th, 27th.

Speaker 2:

Yeah, the bidding's already live. The bidding's open today.

Speaker 3:

Yeah. So I mean it's gonna be a great place for somebody if they wanna put a modular home or a starter home in there. Great hunting facility and you know then this guy excellent farm ground sitting there, and so it's going to be fun to see how that turns out. And you know we've had a lot of people looking at it.

Speaker 2:

Yep, again, the bidding is live as we speak. It opened on Friday, just yesterday, and now it's going to close on May 28th. That's going to be Wednesday, may 28th, at 10 o'clock. Online only sale. You've got the real estate is going to be the online only sale. Now, the nice thing about the day that I get to stop in there and visit with Rogers. We sat inside and had a, had a iced tea, and he said well, you might as well walk through the building and take a look at what you've gotten. And he had bought from us in previous auction sales so he had to show me the tractors and what he'd all done to them. But a really, really nice collection there and we're going to offer that on the same day as well so that's getting us live as well and we have some gems that, uh, we normally don't get to auction off.

Speaker 3:

I mean, we got a 1970 uh plymouth charger that the body is straight on it. Um, it does turn over. Uh, we just haven't been able to get it started, but that car is going to be one of those that I think anybody's going to want if you want to get this thing fixed up and get her going again. But we've got some older tractors in there and some newer ones. But we've got a 5010 John Deere that the thing fires right up and goes. We've got a hay grinder that the engine's out of it. But there's just a lot of things like that. But go to pyferscom to check this thing out and you're going to agree with me, it's going to be one of those sales that are going to be. It's going to be fun to watch just to see where this older equipment goes, and a lot of it is very restorable.

Speaker 2:

Yeah, and you know, as far as the tractors go, we've got the John Deere 750, more of a modern utility tractor. The only thing it's ever had on it was a tiller and a mower. We're going to sell it with the mower. It's still connected to the tractor. You're going to have an opportunity to buy the whole package. That 750 is is sitting with less than 1,000 hours on it. Just a beautiful, good running tractor, got a weight package up front. We got the John Deere 630. Got the 5020 that you were talking about, the 1070. Case 1070.

Speaker 2:

Then we're getting some Farmall tractors right on down the line, some of the vehicles that are starting to generate a little bit of interest. We got the 1991 Dodge Ram 250. It's a 250 pickup and a 1997 GMC Sierra 1500. But now there's a couple of cars that are starting to generate a little interest too 1972 Dodge Charger, 1974 Plymouth Satellite, 1979 Premier Plymouth Villary Station Wagon and of course the Chevy Apache pickup. Everybody's always looking for one of those. Not in running order, we're not going to represent it that it is.

Speaker 3:

But really a nice straight body on that old truck. You know, when you look at this thing there's a lot of something for everybody. But everybody loves those type of vehicles where they can all reminisce. I mean the Apache pickup. How many times do we listen to? You know, I'm going to say my dad and Neil Krenke and all those guys talk about these things. But every sale we have one. There's stories behind it and you know we've got these older trucks sitting in Flasher, We've got some sitting out at the place, but it's just a lot of little things. And then we've got the whole shop plumb full of tools. This guy was an excellent mechanic, worked on everybody's stuff, and so we've got all these tools sitting there and whatever else goes along in that shop.

Speaker 2:

I mean just a lot of stuff, some brand new tires, so it'll be a fun, uh nice auction. Uh, definitely worth mentioning. A little bit of a late entry to it was the was the age hay inventory. We're gonna have the inventory as well, and there's also a couple of lots with a with an age building in right in the city limits, of flashers. We are going to offer two city lots and flash on the same day. All of that is live as we speak.

Speaker 2:

So get onto pyferscom, click on the active auctions. There's two separate auctions. One's going to be the real estate sale again that one's live on or timed online only as well, and then immediately following that that one's gonna. That's gonna close at 10 o'clock on Wednesday and then at noon on Wednesday is the equipment. So there's two different platforms. At Pfeiffer's you can click onto the land auctions and see the Zins Estate land auction. There's a big picture of the building. Here's the main photo of the auction itself. Everything's in chronological order by date. Again, those auctions are live, so they'll be at the top of the screen. If you go to equipment auctions, you can check out the Zins Estate Equipment Auction in Raleigh as well. Everything's in sale order. You can see how the bidding's been going. Looks like we got a lot of strong bidding right out of the gate here, so it should be a pretty exciting week to watch that sale close out on Wednesday.

Speaker 3:

It will, and I appreciate the Zins family for letting us participate in this and selling the real estate and the machinery. They've been good friends of the Piper family for quite a few years here and so we do appreciate that. But it's just been a privilege working with them and we'll get through this process and it's a great way to end May.

Speaker 2:

Yep, and much like your dad or my grandfather, we miss seeing Roger at these sales too, so quite an honor to have an opportunity to sell this stuff here this week. Check it out at Piperscom. If you have any questions about any of the equipment or the real estate, give us a call at 701-523-7366. Jim, you'll probably be up there on Wednesday as well. You'll be on site Wednesday.

Speaker 3:

I'm going to be up there on Tuesday on site all day.

Speaker 2:

Okay, tuesday and Wednesday. So if you want a last chance to take a look at the equipment or or on the real estate, feel free to just swing on into that property right there along the highway just south of Raleigh, north Dakota. Also, that's going to wrap up May for all of our equipment auctions and land auctions, at least for us on this side. But immediately coming into June we've got a pair of auctions up north. One's going to be up in Plaza North Dakota and the other one's going to be in Columbus. Two extremely nice properties or two extremely nice equipment lines, and both the other one's going to be in Columbus.

Speaker 3:

Two extremely nice properties or two extremely nice equipment lines, and both very well taken care of coming from really good families, very good families, and again it's been a pleasure working with the O'Neill family up there at Columbus and it's basically northwest of Powers Lake, this property. But we have all the machinery and again we've been very fortunate. We've had this one, the Plaza, and we've got the Carpio and the Botano. I mean, we're on that Northern tier for two full weeks, I believe it is.

Speaker 3:

But when you see some of this equipment and of course he had a big building, this was all put in cold storage inside and some of that we got a cat payloader, a 924. It's got 5500 hours on it. Yeah, exactly unbelievable. So we're very fortunate, but everything has been very well taken care of. The other day I stopped there and he's actually going through the, the header for the cutting hay. He said, nope, I'm going to go, go through all these turtles and put new knives on, and and that's what he was doing he said I want the new owner to be ready to go into the field.

Speaker 2:

Yeah, and we've been dealing with owners like that basically all spring, I mean, and it's been such a relief to walk in and it's easy to represent equipment like that. It's easy to represent to your sellers that they can bid and buy with confidence. So we're going to start on June 10th. That's going, located in Plaza, a lot of good semis trailers, grain trailers, grain trucks, livestock equipment, other good trailers. This one's got a 2005 New Holland payloader. On that one as well, got a lot of good side-by-sides. We got a Case W20C payloader on that one as well. We got a 2022 Case Farmall 120C tractor. That's a loader tractor there with very low hours on that.

Speaker 2:

2011 Case Puma MX170, and the list continues. There's also a 936 Versatile 1985 tractor. That's really, really nice. The market's hot on them. It is, it is and that one's going to generate a lot of interest because it looks the part. We've got a nice pull-type sprayer. There's a 2012 WD1203 swather with a nice hay conditioner on that one as well. Good hay equipment all the way across the board, top to bottom, on that sale.

Speaker 2:

And then, like you were talking about in the Olsen auction, or sorry, the O'Neill property, the O'Neill Ranch up in Columbus, north Dakota. Nothing short of almost imperfection there as well. I mean, it's a tremendous, tremendous 2013 case. Ih magnum 210 tractor. You got a 2013 john deere 6140m tractor with a loader.

Speaker 2:

1977 8630 tractor uh, the night, the the case. Or sorry, the cat 924h loader that you're talking about 5805 hours on it. That one's uh, fully equipped third valve, grapple forks, everything you're gonna get the gonna get the bucket to go with it. Got some really good yellow iron in that sale, with a backhoe and a couple other payloaders as well. Really really nice sale. We'll talk about that one more when we come back from our break. But when it comes to buying and selling farmland, ranches or equipment, experience matters. Pfeiffer's Auction Realty and Land Management has the team of industry-leading professionals ready to serve. You See upcoming auctions and listings at Piperscom, because when it comes to getting results, nobody does it better than Pipers Absolutely nobody. We'll be right back after Get first. It's great. Bye, Welcome back to America's Land Auctioneer.

Speaker 2:

Andy Murdock, your host, this fine Saturday morning Again, once again for our final segment, sitting side by side in studio again with my partner, jim Savvy, right here out of the Bowman regional office, and again we've been talking about some of the great land sales that we had over the course of the last month or so. We've also had some, really a lot of success on the equipment side and we talked about it across the board. You know, basically in the break here, every category of equipment, basically top to bottom, even the, the categories that we were worried about, you know, combines, you know made everybody nervous here this spring trying to figure out what that market was going to be like. And uh, we'll get into, into what some of the results have been.

Speaker 2:

Uh, before we wrap up today's show, but before the break, we uh, we were talking about the o'neill ranch retirement auction that one's coming up in columbus. We're going to be be in Plaza on June 10th. That bidding is going to open on June 3rd. But these are live auctions. Again, we talk about the live auction process and how Piper is going to stick with that process here in the upper Midwest as best as we can. The O'Neill Ranch Retirement Auction is what we've got. Following up. Two days later, on June 12th, we are going to ride that northern tier for quite a while, but again this O'Neill auction really loaded from top to bottom with good quality equipment, well taken care of and a very, very reputable family operation just south of Larson, north Dakota.

Speaker 3:

Yeah, and I will tell you this. It doesn't surprise me anybody how the family is, but when I got down there and looked at the vehicles and the equipment, the interiors were cleaned and here they were. You know, emmett and his sisters were cleaning all the vehicles. He was power washing and they were doing the interiors. That's how particular they are on this place. I mean, everything was gone over with a toothbrush or a fine-tooth comb, but when you get to take a look at this stuff, this is how it's kept all the time. He just wanted to get the dust out of things and make it work. Our first visit up there it was 40 below.

Speaker 2:

I mean it was 40 below. Yeah, I mean it was flat cold and you and I stopped and there was. It wasn't your first visit was my first visit up there and it was cold and there was nothing out of place. No, when it was that cold and that tells you what kind of operation they ran on a year-round basis. And I tell you what, from top to bottom again, we got the nice tractors we mentioned. We got the good vehicles. Actually, I should uh, I'm gonna touch on these vehicles here quick. 2015 yeah, we got a 2012 Chevy Silverado with 36,000 miles, 37,000 miles on that. One Got to get back to the previous page here. But 2015, chevy one-ton pickup, we got a flatbed on it 13,000 miles, 13,000.

Speaker 3:

It is very nice and you know it's part of his brother's estate we're doing also and those were belonging to him. But everything is like that. I mean the side-by-sides, the older tractors, you get into the shop items and it was a lot of fun going around that place Not at 40 below, but it was a lot of fun being up there. Yeah.

Speaker 2:

Before we move on to the next sale, this one also has the 2014 Case WD-2303 Series 2 Windrower, and that was going to come with a 19-foot disc bind head. Yes, that machine is sitting with 1,670 hours on it and it looks the part it does, it's very nice.

Speaker 3:

The other header is great too, that we're going to be selling right after that, but when you just look at everything, it's kind of fun to walk into buildings like that, yeah, independent suspension on it.

Speaker 2:

That and 12th up there in Plaza in Columbus, north Dakota, going to be a great pair of auctions. A few days later, we're going to be hosting our first live online auction. This is our June Upper Midwest 2025 equipment auction. I can't explain the type of equipment that is on this sale, from top to bottom this is impressive.

Speaker 3:

It is a balloon to some of the nicest equipment that you will find in the country, top to bottom on this. I mean you look at what we have. It's kind of fun to go through that because there's some fantastic stuff here.

Speaker 2:

Yeah, we got a pair of 2023 John Deere 8R410s. There's two of those sitting with less than 800 hours on them 2021 John Deere 6155M. We got a 2021 John Deere 1795 split-row corn planter. We have a 2020 John Deere Hillside S770. That's got the Hillco Hillside conversion on it.

Speaker 2:

I had the opportunity I was in that combine just a couple days ago. That thing tilts at 35 degrees. If you've never been in one that does that, it's impressive. But you can set it at 35 degree hillside. We've got a pair of R4038 sprayers, both modest and ours. We've got a 4700 sprayer. We've got a 4730 sprayer.

Speaker 2:

John today is up there taking a lot of pictures of a really really nice fleet of semis and trailers. Not going to get into right now I don't have all the information in front of me, but we've got basically all Peterbilts triple X, peterbilt trucks, heavy horsepower, really really nice. I think there's about a dozen Peterbilts. We've got about a dozen Freightliners in this sale as well and lots of really nice tanker trailers here between the Polars and the Beale tanker trailers, some of them set up as doubles. So top to bottom again, like we talked about, this is probably as impressive of a sales you're going to find anywhere in the upper Midwest that one's going to be a live auction. There's equipment scattered from Sioux Falls to Bowman and everywhere in between, crosby even.

Speaker 3:

And Crosby All the way up to Crosby.

Speaker 2:

Larson, North Dakota, up into Minot as well, so pay attention to the locations when you're bidding on this. But full inventory and details is at Piferscom. Click on Equipment Auctions and find the 2025 June Upper Midwest live online sale. I'll be in Sioux Falls selling that auction off the auction block, but we'll have guys scattered throughout the state representing that equipment. You have any questions on any of it? Contact the agent that is listed as a representative there.

Speaker 3:

You know, andy, just to jump in quickly. You're talking about all this new equipment, but I have a couple of old tractors and trucks. But we have a 1929 L case tractor that's been restored and runs and I've had a lot of people call me on that tractor and they have an old international and Chevy truck out there. And then we get to the newest item on the place as a Ranger side-by-side with 93 miles on it, and so it's just kind of funny how it all turns out. But that tractor is one of a kind that you'll ever see.

Speaker 2:

Now also on that sale. We've got a John Deere 9770 combine. We'll come back to that demographic here in just a minute. We've got a Catflexian 480R combine. We've got a pair of those. We've got a 1980 8820 combine. We've got a pair of those as well. So a lot of good combines, a lot of great headers and supplemental grain handling equipment and harvest equipment Going to be a tremendous sale. Lots of good vehicles, semis, trailers, livestock equipment, you name it. It's from top to bottom is probably impressive of a sale as we've ever had the ability to put together. Now I want to touch back on the combine. Let's come back to the 9770 combines because when we were talking earlier this spring, probably the thing that made us the most nervous going into a sale was how are we going to capitalize on the value of these combines? Because they're still tremendously valuable machines. They're good machines. 97-70, arguably probably the most popular combine on the market from John Deere.

Speaker 3:

It is, and you know. You look what we've had this spring. Now We've had a few of them and it's just amazing what has happened in this market. We were worried and all of a sudden we're way above where even what we thought. But it comes from reputable places too. People knew what those combines were in the neighborhood.

Speaker 2:

Yeah, and that's what we're talking about. We went from the Lee Farm Retirement Sale and Birth Old, which I thought was a huge success, another really good, reputable operation. People really enjoyed looking at the trucks, looking at the trailers. I thought the grain trailers there really set a new tone for the market here this spring. And then, following that sale, we went over to Drake, north Dakota, to the Shelly sale, and, shelly, it's pretty hard to find another place that would take care of their equipment as meticulous as David Shelly did. I mean, just as soon as you walked down the place, you were just impressed. You didn't have to look at the equipment.

Speaker 2:

No, and you know, basically that sale uh started off with some really good semis, but then, you know, when we got into the sprayer, we had, uh, the john deere 4830 sprayers. That sound right, jim? Yeah, I think we had a 4830 sprayer, or no, no, sorry. That one was the R4038 sprayer and went out the door at $285,000. We had a 2019 John Deere 9520R tractor that hit the road at $310,000, went over all the way to partial North Dakota and then that one had an S770 combine at $217,000. So really, really nice sale there for David Shealy.

Speaker 2:

And then we had a couple of 97 70s that we sold uh right right immediately thereafter and that was uh at the holt auction. And we got to the uh to the holt sale same thing uh, right on down the road only just a few miles away from david sheely's, which is why I got them kind of mixed up there for a second. But the the whole sale had the 97 70 combine and what I would kind of consider higher on the hours. That combine went out the door at $79,500, I believe I don't have it right in front of me but I believe it was $79,500 for a really, really nice 9770 combine. That one had the 4830 sprayer that last year we sold one almost identical to it at around $130,000. This year it's $170,000. I think it's a true testament to what the replacement cost is if you're going to go into the R Series or into the new 600 or 400 Series.

Speaker 3:

That's what you guys are looking at now is replacement costs. And when you look at that, I mean even that 8100 tractor John Deere tractor we sold that day at Holtz. It just that blew it out of everything too.

Speaker 2:

Yep, without a doubt it's been a tremendous run here this spring. You're going to have to put new tires on the pickup and get ready for the June July season. A lot of great sales coming up. You can see all of the inventory of all of our upcoming auctions at Piferscom. If you're interested in any land or equipment, all the way throughout the upper Midwest, dozens of land and equipment auctions are all found at viperscom. James, jim's, jim savvy. Thank you for joining us here today, been a pleasure as always. We'll see you guys all down the road and be at the next auction.