America’s Land Auctioneer
Captivate and celebrate the dynamics of rural America, American Agriculture and inspire and teach others how to live a bold and abundant life in rural America. Background: The intrigue, endless opportunities, and romance of rural life in America have never been more on the minds of Americans. The recent pandemic and civil unrest have Americans of all ages earning for a more peaceful, less hectic life. Even billionaire Bill Gates is now the largest crop landowner in America. As many Americans look for peaceful refuge in the rolling hills and wheat fields they are faced with a richness of opportunities. But where do you begin to look? This show will highlight and feature endless opportunities in every state. What is it that is so unique about rural America, the land and what it produces? How can I live that life? The American Land Auctioneer will tell stories and weave into those stories a place for you to dream, live and enjoy the abundance of all that rural America has to offer.
America’s Land Auctioneer
Inside the Auction Revolution: Pifers' Live Simulcast Success
The auction landscape is constantly evolving, and Pifers Auction is at the forefront with their revolutionary approach to equipment sales. Their recent conversion of the Upper Midwest sale from a timed online-only format to a live auction with simulcast bidding has proven extraordinarily successful, drawing over 1,600 registered bidders from across all 50 states and countries including Mexico and Peru.
This broadcast takes you behind the scenes of what makes a modern auction work in today's global marketplace. A Ditch Witch boring machine that sold for $127,500 exemplifies how specialized equipment can now reach buyers from coast to coast, while a matched pair of 2023 John Deere 8R410 tractors commanding $365,000 each demonstrates the continuing strength at the premium end of the market. Perhaps most impressive was a 2024 John Deere 335P track skid steer with just 275 hours bringing a record-breaking $94,000.
The wheel loader market has shown exceptional strength, with machines headed to buyers as far away as Peru. What makes the new auction format particularly valuable is its flexibility - sellers no longer need to transport large equipment to a central location, saving significantly on freight costs while still benefiting from competitive bidding. As regional manager Chris Baer explains, "Not everybody wants to bring their equipment in. Freight's expensive...so why can't we sell it there and have a live auction?"
After several years of equipment appreciation during the pandemic era, the market has now stabilized into a pattern of normal depreciation - yet remains remarkably strong. The gap between new and slightly-used equipment values continues to create opportunities for buyers and sellers alike. Whether you're looking to acquire premium farmland like the upcoming 839-acre property bordering Custer State Park (with views of Mount Rushmore) or planning to consign to their classic car auction in Bowman, Pifers continues to connect exceptional properties and equipment with the right buyers.
Ready to experience the power of a truly global marketplace for your land or equipment? Contact the experts at Pifers Auction, Realty and Land Management today and discover what your assets might be worth in today's dynamic market.
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Contact the team at Pifer's
Good morning everybody and welcome to America's Land Auctioneer. I'm your host this fine Saturday morning, andy Murnoch, pifers Auction Realty and Land Management, and we're actually recording in Sioux Falls, south Dakota, today at Pifers Worthing facility on I-29, just south of Sioux Falls. We've got regional offices all over the country now and we're working on maybe adding to our repertoire here in the near future, though that exciting news will come out here in the near future as we look towards Castleton and Hillsborough countries. So a lot of exciting things happening in Piper's, but really none more exciting than the office that we've got down here in Worthing, south Dakota, with a great team Led by none other. Mr Chris Baer, thank you for joining me here this morning.
Speaker 3:Thanks for inviting me, Andy. We've had a busy week. We've spent a lot of time together the last four days.
Speaker 2:Yeah, that's exactly right and anyway, it's been an exciting time and, as a lot of us have been talking about and a lot of our listeners are certainly aware of, we've been integrating our Upper Midwest sale. That we've been doing for many years now. We've been making this transition from a timed online-only sale into a live auction and we really kicked it off in a whirlwind, so to speak, here this week and last Monday we had a tremendous sale for our Upper Midwest online sale, but we converted it to a live auction where we had a live auctioneer, a lot of technology behind us, utilizing multiple bidding platforms and integrating as many buyers to some specialized pieces of equipment as best as we can. What did you think of the sale, chris?
Speaker 3:You know, coming into the sale, of course you're nervous, you don't sleep real well for the week before the auction. And when the auctioneer stepped to the microphone, cliff Sanders started the sale and of course you sold along with him. I was so pleased with the auction results and it worked very well and we had bidders from literally all over the world. We had bidders from all over North America, mexico, peru there are just bidders from everywhere and I was so happy with that.
Speaker 2:The stats are still coming in here, but as of right now, it looks like we had well over 1,600 registered bidders participating in the sale.
Speaker 3:And it wasn't just right here at home either. It was all over the place it was.
Speaker 2:We basically blanketed all 50 states, which is always exciting to do. I'm not sure if I've ever seen a bid out of Hawaii, but we've certainly had some logged in, according to the map.
Speaker 2:And so everybody's paying attention to the sales and we're really starting to see the results are being generated because of it. Let's just get right into the nuts and bolts of it. I mean, we talk about it all the time how Pifers is really going to continue to stand behind the live auction process and I don't see any reason why we would divert from that. This specific sale is going to really boost the stats because it was more geared towards an online sale, but we still want to integrate the live auctioneer to allow for multiple bidding platforms and bring as many buyers to the pool as possible.
Speaker 2:Now, once we start talking about all the results here, how did you feel we were starting to get, uh, as far as activity, um on on some of the more specialized items? There's always somebody interested in an eight in an eight hour tractor, right, yep, but you also had a ditch witch and I think that was probably the star of the sale in my opinion and I, we had a lot of great items and a lot of things that we were really trying to promote, but we had a horizontal boring machine. That, I believe, was one of the stars of the sale.
Speaker 3:So we had a customer right here in Sioux Falls that I've done business with for many, many years that had a boring machine, a Ditch Witch boring machine, a DT20. It was set up on a trailer, it had all the bells and whistles on it and I told him I says you know, we really need to get it down on the freeway, we need to get it some exposure on I-29. We've got to get it up on our internet and on both on the equipment fax and on the Pifers platforms. And the telephone calls came in. I was really pleased with the telephone calls but when the bidding process actually started and we were watching it on the computer screen, this was one of those pieces that was sold via the internet. Green, this was one of those pieces that was sold via the internet, but we had bidders just on that particular piece from Florida, south Carolina, wisconsin, michigan, california and Washington. It was West Coast to East Coast, left Coast to Right Coast as old.
Speaker 3:Rush Limbaugh would say bidding against each other, and it was actually fun to watch and it brought considerably more money than what we anticipated, and it wasn't even our local market that made that happen, and so I attribute that back to the Pifers platform. I attribute that to our marketing team that does a phenomenal job.
Speaker 2:Yeah, and New York and Ohio, pennsylvania bidding on those items as well. So it was really exciting to see. Actually, by the time you got done doing the description, there wasn't much auctioneering left to do.
Speaker 2:The bidding just continued to roll as you were introducing the item and I think we started it at $100,000 and ended at $127,500. So it was a really really good item, great condition, brought to us and well represented. Then we had an entire line of John Deere equipment really late model, good farm equipment and that was. There's some specialty items in there we want to talk about as well, starting with the side hill combine. We had an S770, really nice combine topped out at 220,000 with a little over well 13, 1400 hours on the engine, 1,000 separator hours and a really nice combine in good shape and kind of a specialty item.
Speaker 3:You're my side hill guy, so go ahead and talk about that a little bit not very many people have seen, and I will differentiate between a side hill and a hillside combine. This was a 2020 s770 side hill combine with a hill coal conversion kit on it and, um, those of you we had I had some interesting phone calls. They'd say you're in south dakota, that's tabletop flat there. What are you doing with the side hill combine? Well, not very those of you. I had some interesting phone calls. They'd say you're in South Dakota, that's tabletop flat there. What are you doing with the side hill combine? Well, not very many people know that just 30 miles from us is some of the tremendous amount of side hill combining gets done, and this combine went right back to Iowa, where it came from, and we sold that here in South Dakota. That's right.
Speaker 2:Same buyer brought us an entire line of the equipment with good hay equipment, really good hay equipment selling in the middle of the hay season. It's always good to sell hay equipment any time of the year, but specifically in June we had a 2022 560M round baler went out at $36,000. We had a 2023 C450 Moco that hit the gates and ran out there at 40,000. And just a lot of really good special equipment.
Speaker 3:That Moore conditioner was actually one of the stars of our sale, andy, I don't think that that Moore conditioner was much more money new than what it brought, but it was very, very low acres.
Speaker 2:It was very well taken care of Extremely nice, three really nice tractors lined up along interstate here. A 2021 John Deere 6155M went out the door at $119,500. How'd you feel about the value of that tractor?
Speaker 3:That 6155 was clean but it didn't have a grapple fork on it. So there's a $5,000, $5,000, $6,000 add for a grapple fork on it. But that was a super nice tractor. We brought that into our facility here, we detailed it, we got it cleaned up, came right out of the right off the farmer's place and that tractor stayed local right here in South Dakota. Those are those tractors. There's a lot of them out there. The M series is kind of the downgrade from the R model tractors and so we were a little concerned about it but it did very, very well.
Speaker 2:Yeah, and it really stayed consistent with a steady market. Just a few days prior to that sale we sold a 6140M along the northern tier in North Dakota. That one had about the same hours a couple years older.
Speaker 3:No, it was 3,300 hours. That 6140 had 3,300 hours on it.
Speaker 2:Okay, so it had more hours on it.
Speaker 3:Almost double yeah.
Speaker 2:And 102,000, so that was a pretty solid number for that one up along the northern tier, yep, and you're in cattle country, so you get a 140-horsepower loader tractor. Definitely, especially a John Deere model is going to generate a lot of interest in that part of the world. That one specific sales up in columbus, north dakota, for the o'neill sale. We'll talk about that here in a little bit as well. Okay, uh, the 2023 john deere 8r410. Now we had a match pair of these uh tractors at the sale. Why don't you tell everybody a little bit about these?
Speaker 3:so those, those two tractors were sold brand new from the same dealership. He was second owner on those tractors, um, but they were really nice. They had ILS, they were fully weighted up, power shift transmission, high-speed transmissions, 85-gallon-per-minute hydraulic pumps, which were the big pumps. They were set up right, and both of those tractors. Ironically, we sell choice, like we always do on Matchpair, and brought $365,000 apiece, and when we offered choice the buyer took both of them, which I think was a shock to us auctioneers that were up sitting in the auctioneer's booth. But that was a great price.
Speaker 2:It was. It was a good price for the buyer and for the seller, and there was a 130, 140-hour difference between those two tractors, and so it does make sense that the buyer would perceive them to both be valued at the same, and the fact that we had multiple buyers all the way to the end of the bidding there tells me that even if he wouldn't have taken both, I believe the second one would have got to the same number, if not extremely close.
Speaker 3:Well, I'll tell you, Andy, and I don't think you know this or not, but the morning of the sale I had a gentleman come in that was not going to be near a bidding device and he couldn't be here to the auction. He left a bid of $345,000 on those tractors and I thought, you know, I think he's got a chance of buying one of those, because it's so hard to guess that closely. And anyways, I didn't even have the chance to bid for him because there was three, four, five bidders deep on those tractors. Very, very happy with those results.
Speaker 2:Without a doubt. Now continuing on down the sale there we had a really nice line of Peterbilt 379 trucks. Had probably the most 379 trucks I've ever had in a single auction and it's fun to sell 379s with big cat engines.
Speaker 2:Yeah, triple ax, they had the pushers on them as well, so all of them were basically set up the same way heavy horsepower, heavy frame. So all those tractors, depending on the mileage, basically ranged anywhere from $29,000 up to $50,000 and really saw a good, steady market on Peterbilt trucks, as usual. Now, for the last two weeks we've had a really, really nice run of wheeled loaders, and this sale had a lot of different loaders to offer. We had a 2021 Volvo L60H, we had a Volvo L150C, which is actually the purchase that we're sending down to Peru.
Speaker 3:And that was fun to watch, Andy it was.
Speaker 2:That was fun to watch a buyer from Lima, Peru, and that loader is going all the way to Peru and we had a John Deere 644E which I thought was a really, really nice wheeled loader and come from, I believe, carter County, montana. It was a county machine and really trying to find out what the market is on those that was in Ekalaka Montana.
Speaker 3:Ekalaka Montana, I love to say Ekalaka.
Speaker 2:So the one heading to Peru is at $29,000. The 644E was at $28,500. And, of course, the L60H is a better machine at $60,000. And it really paired along with the other wheeled loaders that we sold here over the last couple of weeks. Very, very strong yellow iron market. Couple of weeks Very, very strong yellow iron market. Ladies and gentlemen, we'll be back right after this break, but please remember that each and every week our show is sponsored by Pifers Auction, realty and Land Management. If you're in the business to buy or sell farmland or equipment, give us a call. Any one of the expert professionals will be around to help you in any way possible. We'll be right back after this, welcome back to America's.
Speaker 2:Land Oxy here, ladies and gentlemen, I'm your host, andy Murnauch, and this Saturday morning again, thank you for joining me. Chris Baer, our Pfeiffer's Regional Office Manager, down in Sioux Falls, south Dakota, runs our South Dakota Regional Office, and been with us. What five years? Now four years. It'll be five years this fall. It'll be five years in September. I remember the day like it was yesterday. So do I. Let's wrap up the Upper Midwest sale. I believe it was a tremendous auction sale. The results are certainly proving it. One thing we talked about in the break here is we wanted to mention the Rouse Double Nine Moors. Really kind of a shock to the system, really kind of the stars of the sale. When the immediate pre-bidding came out, the first double nine was a 2014 in really really nice shape. Almost looked like it was brand new, very well taken care of, probably never slept outside, just the way it was presented and we had 19,000 bid on it three days before the sale even started and that's where it stayed. So 19,000000 for a 2014 and 11-year-old machine.
Speaker 3:I would guess, Andy, that in 2014, he didn't pay much more than that.
Speaker 2:I would say it was probably par for the course. Yeah, without a doubt, didn't do my homework on that, I guess, but overall, this is our first trial of converting our Upper Midwest sale from a timed online sale to this live online auction. Allows people to either bid at the host site, which is either going to be in Sioux Falls, bowman or Steele. As of right now, in either one of our regional facilities. You could show up on site and bid on this sale, or you can bid on either one of our online bidding platforms, where we try to represent the equipment as best as anybody in the business and make sure that you have plenty of pictures to choose from. If you have questions about any of the equipment, you can contact the agent that's represented underneath every item. You'll find out which agent is representing that item Also gives the location and description of that each item as to where you'll find them. So what's your overall feeling of the Upper Midwestwest sale?
Speaker 3:I was tickled to death. Um, coming into the sale. Uh, we, we're, we're trying out this new platform with the simulcast bidding, which, um, which isn't new, it's new to this specific sale. It's it's new to this specific sale, but I have never been involved in a in a live auction where the equipment wasn't all located in one spot and when we got done with the auction, I don't think that we have had one complaint about that. As a matter of fact, it's a slap on the back to everybody at Pifers for the job that was done on that auction and I think that we're laying the foundation for some very, very successful live auctions.
Speaker 3:And you know, that's one of the challenges of a live auction, andy, and those of us that are managing facilities, is that not everybody wants to bring their equipment in. Freight's expensive and if you've got a piece of equipment that is 300 miles away from a Pifers facility, it's a lot of money. So why can't we sell it there and why can't we have a live auction? And the people are responding. And the other thing that's very interesting about the simulcast auctions that we're doing now is what about the guy that wants to sell grain bins? What about the guy who wants to sell those stationary items. We had a couple of well drilling outfits that you it's and they're out in the field working, and they were out in the field working. And so what about the guy who's still planning and and has a tractor or planner that he wants to sell and is trying to get his planning done, and so it it actually with this platform it is.
Speaker 2:It provides all the services that a seller could possibly want and still enjoy the advantage of a live auction, yep and with the location descriptions of each item, you as a buyer have the ability to go out and inspect that item and we welcome that. We want you to do that. Our sellers are welcoming that. Our sellers are super excited about how many people actually drove throughout the countryside to come to their place and take a look at these specific items. And if you as a seller don't want anybody in your yard, park them down the road, you know either park them down the road or bring them to a Piper's facility.
Speaker 3:Take them to your neighbors.
Speaker 2:Yeah, or bring them to a Piper's facility too and I still want to stand behind the specific and strategic locations of each of our facilities really adds a lot of value to these items. I mean, you had probably, you know, a million and a half or two million dollars worth of equipment sitting here at the Sioux Falls location right here in I-29. And as we watch the traffic going behind us here this morning, you can see there's probably 30,000 vehicles a day that have the ability to check out that equipment.
Speaker 3:And that's huge. Andy, I can't tell you how many people drive by. We've got our toll-free number up on our sign that by the time they hit the Canton exit or hit Beresford or hit Sioux Falls, they're already on the phone calling us on machinery saying, hey, I saw that boring machine. Or hey, what's the deal with that hopper bottom trailer that you got? And we actually get them turned around and come back to our yard and look at it and eventually become buyers. Yeah, without a doubt.
Speaker 2:More market results. Let's talk about some of the other sales that we've had here in June for Pfeiffer's, pfeiffer's equipment auctioneers and Pfeiffer's land auctioneers. We'll get into some land results coming up here in a little bit as well, but we have had an exciting June, exciting April May. But we have had an exciting June, exciting April May, march, april May, june. And when everybody started looking at the you know the potential impacted drought parts of North Dakota and the upper Midwest and maybe what was happening out in the markets in general and what the commodity markets are doing, there was a lot of anticipation that we might see a little bit of negativity in the bidding pool and we just haven't seen it and I believe it's because we're in a worldwide market.
Speaker 2:You and I have talked about this a number of times. There's a lot of things that drive the market. It's not just the local rain shower last night. Obviously, that always helps, but we're still looking at a worldwide market right now and the bidder pool from across the country is maintaining this market as well as we could ever expect. Right, absolutely, um, on june 10th and 12th we rode the northern tier of north dakota. We were in plaza north dakota, followed up on uh that I was on a tuesday sale and then two days later we stayed. We were up there in columbus, only about 40 miles uh apart between the two auction sales, we uh camped out in stanley for a few days few days and had a great time in the communities, visiting with all the locals, and we ended up participating in the North Dakota Stockman's Roundup one evening and had the ability to go visit with everybody there too.
Speaker 2:But at Plaza North Dakota, really, really tremendous estate auction, farm equipment sale really nice ranch equipment, really nice farm equipment and just a tremendous, tremendous sale and with a great family to work with. Number one and this is the Bray Flat Auction up in Plaza North Dakota, a couple of shining stars of the sale right away just kind of kicked the sale off in the right way was a 2019 Featherlite stock trailer. That was a 24 footer tandem axle. It was a 2019 model, about $32,000. Followed by a 2012 Featherlite stock trailer.
Speaker 2:An 8127 model axle is a 2019 model, about 32,000, uh, followed by a 2012 fed the light stock trailer and 8,127 model this is a triple ax, 36 footer went out the door as a 2012 model, 13 years old, hit the door at 33,000. So both both trailers were were shined up and looking the part, but uh, really found a great market there on on stock trailers and livestock trailers in one of the best livestock hubs in America, in my opinion. You get up into that part of the world and it is cattle country, cattle country, cattle country and the area that you farm, the farmland is tremendous, so kind of a hidden gem up there in the middle of the Bakken oil field, but a really, really nice, nice area and I listened to parts of these auctions from my office here in Sioux Falls.
Speaker 3:I listened to parts of these auctions from my office here in Sioux Falls and I will tell you, Andy, there was a lot of momentum. You had John Cerati and Jim Sabi up there. You could hear them as ringmen. You were selling, Cliff was selling. There was a lot of momentum with that sale.
Speaker 2:Yeah, and this specific sale managed by Chris Prochnow. Pfeiffer's Auctioneers really did a nice job lining it up, him and his daughter, mickey Mickey was the she was probably the shining star of the day. So the 2022 Temptee Super Hopper trailer that was a tandem axle grain trailer went out at $48,000 and got into some tractors and some really nice hate equipment. This is the yellow iron I was talking about. We had a 2005 New Holland LW130 payloader, third valve grapple fork on it, really nice shape, six or seven thousand hours on the machine 62.5. 62.5., you know. And the wheel loader market has just been absolutely tremendous here for the past couple of weeks and it all started with that machine right there and it really brought the market to life. Had a Case Puma MX170 tractor out the door at 67.5750. And then a 2012 Case WD 1203 hay conditioner went out at $87,000. So for a 1203, that's a really nice price on a 13 year old machine as well.
Speaker 2:So $87,000 for that one Independent suspension kind of set up the right way and buyers really kind of just gravitated or levitated towards that one.
Speaker 3:They responded well to them, that's right.
Speaker 2:Two days later we got into the sale in Columbus, North Dakota, and we're at the end of this segment, so we're going to bring them back into Columbus right after this break. This broadcast is sponsored by Pifers auction, realty and land management. If you're in the business of buying or selling real estate or if you just have a tract of land that you're looking for some help with on as far as land management, ask anybody at Pifers, any of these agents they're all experts in their field. We can give you as much advice and free advice as possible. We'll talk to you about your land, your equipment, any land management options coming up.
Speaker 1:You can contact anybody at 877-700-4099 or contact contact us out of the Bowman office at 715-233-7366. We'll be right back after this break.
Speaker 2:Welcome back to America's Land Auction. Here I'm your host, andy Murnau, and this Saturday morning still side-by-side with Chris Baer, regional office manager out of Sioux Falls. We've got a tremendous amount of equipment that we've sold in the last few weeks. We've been talking about it here in the previous segments. Here this morning Again, kind of recap the Upper Midwest sale tremendous success.
Speaker 2:We started the month of June. Basically on June 10th and the 12th we were up in the northern tier of North Dakota, crossing up there on Highway 2, on the highways between Crosby to Minot and again this week between Botnell and Carpio, north Dakota. So the northern side of North Dakota should be well blanketed with equipment scattering down the highway to the new owners places and it's always fun to see the transition. Now, as we were talking about the sales here, we went from the sale in Plaza, the Brayflat Estate Auction in Plaza, north Dakota Really really nice sale, tremendous family to work with. And then a couple days later we were just north of there, about an hour up in Columbus, north Dakota, or Larson, north Dakota rather, and a really really nice lineup of equipment coming from a tremendous operation and one of the best families that I've ever had an opportunity to work with. We work with a lot of great people in this business.
Speaker 3:I've always loved the auction business Sandy for that very reason. Good buyers, good sellers and the Pifers team is the finest organization I've ever worked for. Absolutely love the Pifers team.
Speaker 2:And the people we get to work with, and specifically in this ranch, we're actually assisting the owners in transitioning the ranch from its current ownership state into a new ownership state, not just by selling it but transitioning it within the family. So we're coordinating that entire process for this family, and it came with an equipment sale to boot, and really what a tremendous sale it was and the response for how many people showed up to both the Bray Flat Auction and the O'Neill sale, the amount of local support that we saw is really not only a tribute to the quality of the equipment that we were offering, but really a testament to the families and how well respected within the communities that they are, which is a major component when it comes to selling equipment at an auction sale.
Speaker 3:You know, andy, I've always said when it comes to these retirement sales, there's three components that make for a fantastic sale, and that's the reputation of the people who's selling, the reputation and the quality of the equipment and the reputation of the auction company. And when you have those three elements, it makes for a good sale almost every single time, without a doubt.
Speaker 2:Now, in this particular part of the world, in this particular sale, what a tremendous lineup of hay equipment. To really get the auction kicked off, start with a couple of older swathers, older cutters. We had a 95 Heston 8100, kind of the old staple to the auction industry. There was an 8820 Case Swather, which was identical machine. Aside from the International 5000, I more cut my teeth on the 8820. 8820s, 8825s you'll see them all over the country still because they're the old, trustworthy machines. We had one of those in this sale here with the 958100 Heston. We had the WD 2303 Series 2 Windrower and this is a 2014 model. Now we just talked about a 2012 model of the 1203 that sold for $87,000. This one with a haybine disc head on it brought $90,000. So a pair of really nice windrowers up in northern North Dakota really maintained a steady market between the 2303 and the 1203.
Speaker 3:I've always admired, andy, how you guys can sell windrowers up in your part of the country, not only with the Draper heads, but the rotary and the sickle bar heads too. It always seems like you guys get top dollar.
Speaker 2:We had a conditioner header and auger header right beside it that we did offer separately and it was a 2019 HDX 182. So an 18 foot case header in really really nice shape and that brought 24,000 by itself. So you're right, there's always a good market for hay equipment in specifically western North Dakota, but across the upper midwest and those ones generally, you don't see them selling on the internet because they're going to get driven right down the road. You know, typically so neighbor buying neighbor's machine.
Speaker 2:That's right and so now we got the rouse double nine which we talked about. I said it's pretty hard to have a sale in western north dakota without a, without a double nine. Of course, we hit the home run with the 2014 model here the other day. There this was a little older machine brought 10 000 up on that sale. So I just brought that up, since we were talking about the double nines in a previous show. We also had a pair of John Deere 569 balers and now balers are the. It's kind of a funny business with balers. You always go from you know, I the last model, which is usually what you see the most success with. So now we're into the M-series models and the R-series balers if you're looking for the premiums or whatever the case may be. But these balers, as you start getting into the 569s now, or the 568s the 566 is actually treated today like the 535 was when we first started in the business.
Speaker 3:15 years ago.
Speaker 2:And for anybody who's run John Deere balers, you know exactly what I'm talking about. So the 535 was what you know. Again, that's what I cut my teeth on was a 530 and a 535. And the day we got a 566 with NetRap, my goodness, you thought Dad hung the moon. That's right. He was your hero forever, that's right. Well, we had a pair of 569s in this sale, 2014 and 2016. They both had 11,000 bales on it. I think there was an 80 bale difference between the two machines. They went out the door at 24 and 25,000 respectively to their year stock movers of the industry. And then back to a manure spreader. We had a really success with the JBS manure spreader that we sold down here for $65,000. This is an older model. It's a Kuhn Knight, it's a PS160, a little smaller machine Brought $33,500. So still had a really good market on that machine as well.
Speaker 3:The market is very strong on those vertical beater manure spreaders. So if you've got one, call us, because we got guys looking.
Speaker 2:Yep, without a doubt. Now we get into the kind of the marquee items of the sale up at the O'Neill retirement in-estate auction in North Dakota, Columbus. We got into a few tractors. The 2013 Magnum 210 tractor brought $102,500. That was followed up by a 2013 John Deere 6140M with 3,000 hours on it A nice machine at $102,000. Both of those I found a really, really strong market that day, that 6140M.
Speaker 3:for those of you that are looking for tractors, that's a hard tractor to find. I think that if a guy were to appraise it I'm not real sure we'd appraise it for over a hundred thousand, but it sure brought it on the auction.
Speaker 2:That's right. And we were talking about the new Holland wheel loader that we sold down in Plaza and how that kind of kicked off a really good run of selling quality wheel loaders for a premium here this week and it led right into this sale. As we sold a, we had a cat nine, a nine 53 C track loader Now you don't see track loaders very often, that is hard to find. That went out at $17,500 with plenty of hours on it. The CAT 924H wheel loader was probably the star of the sale. A lot of calls from that all across the country. It ended up staying pretty local and it sold for $95,000.
Speaker 3:I watched that sale from my office, andy, and I was very, very impressed with what that brought. You know, those single arm cat loaders are so popular because you could see so well with them and very very well done, yep.
Speaker 2:And then followed up by the John Deere 544E which I believe kind of set the pace for the 644E that we sold here in Eklaka Montana here this week and that went out at $41,000. So that's a pretty good value on an older John Deere wheel loader.
Speaker 3:Talking about industrial equipment, Andy, as you'll remember, on Monday we sold a 2024 John Deere 335P track skid steer here at our facility in Sioux Falls that only had 275 actual hours on and brought $94,000. And I think that was a record-breaking skid steer price at Pifers and got national attention to what that skid steer brought.
Speaker 2:Without a doubt, You're starting to see that one being expressed in a lot of market reports out there and when that one hit the auction block here on Monday, the amount of interest that come across the airwaves was absolutely incredible. So we started the sale with bidding on one platform at $81,000. And we thought, man, that's a great place to start this machine. And all of a sudden the other bidding platform opened up and they were at $87,000.
Speaker 3:So we had a lot of they were chasing each other back and forth.
Speaker 2:Yeah, we had a lot of really good interest in that all the way to the end, and it was no surprise that it brought $94,000.
Speaker 3:It was that nice You'd have to buy a new one to find a nicer one.
Speaker 2:Without a doubt, back to Columbus, north Dakota. You don't have an opportunity to sell a 28-foot single hopper grain trailer very often and we had a 2009 Mauer at $21,000.
Speaker 3:That hopper bottom trailer and those are a little bit hard to find but that was a great price on that trailer.
Speaker 2:Almost immediately after that was a 2015 Chevy one-ton pickup Chevy 3500. Had a Hillsboro bed on it, just a basic flatbed, but that pickup only had 13,000 miles on it $43,000 for a 2015 pickup and had three or four bidders that really chased it all the way to the end and a young man that prevailed and was excited to drive it out of the yard. 2013 Chevy followed that one right up at 27,000 with only 36,000 miles on it as well. So really, really nice sale top to bottom. Again, we couldn't be more pleased to work with a tremendous family, a lot of good livestock equipment. Also, in both of those sales, the market for livestock equipment, for hay equipment, for quality tractors, I would say, is as strong as we could have ever expected. Here, as we conclude, basically, our spring run and now get into our summer run of equipment, auctions.
Speaker 3:Yep, you know we had something that we haven't talked about yet today, andy, but we had a 2020 Westfield auger. It was a 93 footer, 13 inch with a swing hopper and it was set up right there about $27,000. You don't see $27,000 price tag on augers very often at auction.
Speaker 2:No, and you know the thing about a long auger like that is that's not necessarily a worldwide market because they're so hard to move. You know so generally you're going to find that buyer base within that 50 or 75 mile radius, hopefully. I guess I'm scared to death of hooking on one of them things and driving 100 miles. You know people do it all the time.
Speaker 3:Well, they're heavy and awkward and they hit power lines. I had a call from a guy from Western North Dakota on this. He says you know. He says I'm known for taking out stoplights in small towns. I says maybe you shouldn't buy this auger and pull it clear to Western North Dakota. He says I probably won't.
Speaker 2:That's the taillight warranty. That's right. So again, ladies and gentlemen, there's lots of great sales coming up, lots of great sales that we've had, all of our results and all of our upcoming auctions. You can find all the inventory details and information and, of course, your online bidding options are at Piferscom. Contact Pifers for any of your upcoming land or equipment needs. If you have anything that you'd like to put on the market, contact one of our agents at Pifers and we'll certainly put the right expert in your doorstep to help you out. Chris, thank you for joining us here for America's Land Auctioneer, We've got one more segment right after the break. I hope you'll stick around. We're going to bring up some of the latest land auction results as we conclude our month of June, and we've got a lot of tremendous sales coming up in July, including a tremendous sale out of the Black Hills of South Dakota. We'll be right back after this break.
Speaker 2:I have some for you right there, Get purged and straight by. Welcome back to America's Land Auctioneer. This Saturday morning I'm your host, Andy Murnauch, Piper's Auction Realty and Land Management out of the Bowman Regional Office and I'm here in Worthing, South Dakota, with our Sioux Falls Regional Office Manager, Mr Chris Baer. Thank you for joining us again for our fourth and final segment here this morning. Give just a quick recap of where you feel the overall equipment market is and where we might be heading here in the near future.
Speaker 3:As I'm watching the equipment market all across the upper Midwest, andy, my opinion is that it's going to stay in. We're going to see some variations on the type of auctions as to what some of that equipment is bringing. However, as a rule of thumb, I think the market's going to stay steady. Today we're hoping to see a change in interest rates. I know the feds are going to make some announcements later today about interest rate changes and if they do lower interest rates, I think that's going to sure up and strengthen the machinery market even a little bit more.
Speaker 2:Yeah, without a doubt, and I spoke at a banker's convention here or a lender ag lender's convention here about a week ago and the big question was well, we're really starting to see the value of equipment drop.
Speaker 2:And my answer to that question is really, it really isn't. You know the difference between value of the second owner item now today, because the cost of new out of the manufacturing production is so high. There is a large gap between the brand new item putting a few hours on it and selling it to the second owner. But once it gets into that second owner's hand, we are now calculating standard depreciation like we did pre-COVID, and we're back into that realm of how do we calculate value and it really becomes a lot easier to gauge the value. We went for four years there and didn't have to gauge any depreciation, based on the fact that we were seeing appreciation in equipment. So, all of the pre-COVID, 2019 and earlier models of equipment, in my opinion they have reaped the benefit and gained the value of natural inflation that we saw over that course of those three years, and now we're back into a depreciating market and it's still a very, very strong market.
Speaker 3:Well, and when we have seen such a, I always feel like the best auctions are in a normal average year when machinery values will fluctuate just a little bit. But we saw such an extreme high three and four years ago and then last year we saw such an extreme low. We're just coming back into a normalized market again, without a doubt, and that lends evidence back to what you're saying is normal depreciation.
Speaker 2:Yep. Now we've talked about some of the equipment sales. We've got a lot of great equipment sales coming up Again. You can see all of our upcoming sales. There's dozens of land and equipment auctions coming up. All the full details, inventory and online bidding is all available at pyferscom. You can always check out our website. Completed auction results are on there. You can search for completed auctions If you're looking for a 560M baler type in 560M, and it'll bring up all the balers that we have had and all the ones that are coming up in the near future.
Speaker 2:Have had a lot of great land auctions in the past few weeks as well Corson County, south Dakota, clay County, minnesota, grant County, north Dakota, which was a tremendous sale 168 acres had a really nice building on. It went out $900,000. Really, really nice sale there. We had a Benson County property and a few Red River Valley properties in Stutsman County, all in the early parts of May and June. All of those results you can find at Piferscom as well.
Speaker 2:Just click on Completed Auctions and you can see how the online bidding worked as well as what the live auction results were, and that's free to the public. That is absolutely free to the public, so you don't have to log in, you don't have to register nothing. All of our information and data is available at your fingertips. So thank you for joining us. For any of our upcoming sales, contact the sales representative in charge of those sales and I'm sure they'll give you all the information and details that that you that you desire. Now let's get into some of the upcoming sales. We got a lot of tremendous upcoming sales. You've got one coming up here in Worthing. Why don't you give us a little synopsis of what's about to happen here in the next few days?
Speaker 3:We've got a great development property that we're going to be selling. Right across from our facility on I-29 in Worthing, south Dakota. There's it's a 35 acre parcel that we're going to be selling in three different lots. Two of them are lots that are ready to be developed, and then the balance of the acreage is development light industrial property. We're very, very excited about that. And then the next day we are in the panhandle in Nebraska. We've got an industrial lot that we're selling in Shatter Nebraska. So if you're in Western South Dakota or Western Nebraska, we've got an industrial lot that we're selling in Shatter Nebraska. So if you're in Western South Dakota or Western Nebraska, you can definitely buy a nice piece of development property there as well.
Speaker 2:Without a doubt. Also next week is a 312 acre property in Cass County, north Dakota, and an unbelievable grain handling facility just outside of Breckenridge Minnesota, breckenridge, minnesota. Tremendous, tremendous facility. It's kind of an awe inspiring site to be standing beside it. We held the equipment auction there just last year. It was fun. We'll be in Perham, minnesota, for the Myers Estate Auction the second draft of this particular estate as we held one in Mandan for this family earlier. Now we're going to sell their Minnesota properties, equipment and a lot of boats and stuff like that as we're along the lakes there in Perham, minnesota, we have a tremendous car auction. This will be our second annual classic car auction held in conjunction with one of the largest classic car shows in western North Dakota, and that's going to be right there in Bowman, north Dakota. We're going to hold it right on Main Street again and the classic cars that are starting to pile into this sale are really, really adding up to be something special.
Speaker 3:You took a neat consignment yesterday, yeah we got a 1963 Chevy C10.
Speaker 2:Long box, Long box. It is a beautiful pickup, so excited to get that one down into our office in Bowman. I'd say here in the next three or four weeks we'll start seeing a lot of these vehicles show up. We'll get them inside, shined up and ready for viewing. So if you guys have any questions about the upcoming classic car sales, we still are taking consignments. So if you're in Bismarck or Dickinson or in Colorado you want to sell a car, you let us know. This is going to be a tremendous, tremendous event.
Speaker 2:Now, the week prior to that is what I'm really excited for. We've got two sales down in South Dakota. One is going to be the Dugan and Rittenberger estate auction. This will be another really nice sale in Buffalo Gap, South Dakota, just south of Hermosa, A really tremendous, tremendous line of equipment ranch equipment, good hay equipment and a lot of good livestock equipment to boot. The following week one of the most exciting times in my career, one of the most exciting times in my career, one of the most exciting properties I've ever had an opportunity to represent, and I'll be down there probably 20 out of the next 30 days. In Hermosa, South Dakota, we have 839 acres right outside of Custer State Park. The western border of the property is the park fence, so you don't have to fence that. The government can do that for you. But a lot of tremendous wildlife on here, tremendous building opportunities, excellent access, good water and at the top of parcel number one is a direct view of Mount Rushmore.
Speaker 2:You're going to come out and buy that one, absolutely.
Speaker 3:The question that you need to be asking is will you take my check? I'll take your check, absolutely.
Speaker 2:So it is a really exciting property and the family that we're working with is second to none and they have this beautiful diamond in the rough. It's off the beaten trail. You've got really good access, but it's not through roads, so there's a lot of privacy back there and I tell you what, there's just a lot of really good people back in the, in the Hills Southwest of Hermosa, south Dakota, uh, so if you're looking for probably one of the more premier areas, um, just, I mean when I say the fences right there, lh road goes right on the South side of this property as well and if you follow that for two and a half miles it brings you right out at the uh, uh, the Custer park um center, you know, center, the main center for Custer Park, and it's just a really, really awesome, awesome property to be part of when are your open houses.
Speaker 2:Our open houses are coming up on the 26th, 27th and 28th, so we're going to be there next Thursday, Friday, Saturday of this upcoming week. Then we're going to be there right after the 4th of July, on the 7th and 8th. The property or the Dugan and Rittenberger auction is going to be on the 9th, so we'll be in Hermosa on the 9th. I might have to stick around on the 10th as well. We got a couple of auctions for some 4-H projects. We got some 4-H. It's fair season. So if you want to participate in some fair auctions, give us a call. But the Bowman County Fair is going to happen that weekend and then immediately that next Sunday, We'll head back down to Hermosa and we'll show the property throughout the entire bidding process. The bidding opens up on July 11th, closes on July 17th. We have a tremendous sale there. It's going to be a timed online only sale, but if you get out bid and you want to go look at another property we're going to have side by sides ready to go. We'll give you a tour, We'll take you to the next parcel and you can bid on site.
Speaker 2:Ladies and gentlemen, thank you again for joining us on this Saturday morning. Chris, thank you for being a part of it. It's always a pleasure to be here in Worthing, South Dakota. We're going to head up to the northern tier of North Dakota again as we get ready for some more sales here this week. We'll see you next week and down the road. Do you have any upcoming sales that you'd like to be part of? Do you have anything that you'd like to sell as far as land, equipment? Or, if you're, we've got the best professionals in the business. This broadcast, as always, is brought to you by Pifers auction, realty and land management, and we're always here to help. We've got dozens of land and equipment sales. All can be found at Piferscom. Full inventory details and online bidding again at Piferscom. Ladies and gentlemen, we'll see you next week. I'm out.