Ohio farm auction features several popular tractors
CONVOY, Ohio — Several popular tractors were featured during a recent farm sale in rural Van Wert County, Ohio. Aaron Siefker of Siefker Real Estate and Auction Co. described the auction as an “excellent sale.”
Schumm Brothers Farm on State Route 49 was the site for the Aug. 20 auction.
Among the top-selling items was a 1979 International Harvester 1086 with 2,145 hours that sold for $29,000. Three other IH tractors also sold in the $20,000 range. These machines include a 1980 IH 3788 2+2 tractor with 1,519 hours, $26,000; a 1979 IH 1086 tractor with 3,300 hours, $25,000; and a 1978 IH 1086 tractor with 4,300 hours, $18,500.
Also drawing bidders’ attention was a 1985 Gleaner L3 Combine Hydro with 2,480 hours. The combine had “newer” tires, and it was sold for $28,000. A 1998 Great Plains 15-foot NT drill with markers was purchased for $18,500.
Other equipment and implements sold for the following prices: •1966 IH 706 Gas WF, 3,900 hours, with a Century 60-foot boom sprayer light bar and 200-gallon saddle tanks – $8,900 •John Deere 7000 6x30 planter – $7,900 •1966 IH 706 Gas WF with 3-pt. PTO and 3,070 hours – $6,500 •1985 Duetz-Allis 320 grain head – $6,000 •IH 3400 Diesel Backhoe – $5,700 •IH 490 27-foot disc with 9-inch spacing – $5,200 •4 Shank Para-Till, 3-pt. – $5,000 •John Deere 1010 24-foot field cultivator with harrow – $4,500 •Gleaner A630 6x corn head – $4,000 •1953 IH Super M tractor – $3,650 •1953 IH Super H tractor – $3,600 •1953 IH Super H tractor – $3,250 •David Brown 880 utility tractor – $3,250 •UM HT 25 header cart – $2,900 •Ferguson TO 30 tractor – $2,500 For more about this sale, call Siefker at 419-538-6184.
Farmer pays $4.9 million for 565 acres in Illinois
CHAMPAIGN, Ill. — Farmland prices in the Midwest continued their upward march on Aug. 31 as a farmer paid $4.9 million for 565 acres of land adjacent to Minonk, Ill., just north of Bloomington. “For all the conversation about the number of individual and institutional investors purchasing farmland, we continue to see auctions in which local farmers and investors – who are in the best position to understand the value of the land – are the high bidders,” said Joe Bubon, executive vice president of Murray Wise Associates, which conducted the auction.
Murray Wise, chief executive officer, agreed.
“People keep asking how high land prices will go, but that’s the wrong question. The people who have known, farmed and invested in farmland for years understand that the real question is what kind of returns they can achieve as a result of strong worldwide demand for corn, soybeans and other products,” added Wise. “I believe we are in the early stages of a major shift in worldwide food consumption habits, especially in China and other Asian nations. As long as that trend remains intact, farmland will be a rock solid investment at today’s prices – and tomorrow’s.”
Upcoming Murray Wise Associates auctions include acreage in Missouri, Sept. 20; and Illinois, Sept. 21; as well as Ohio, Oct. 25.
Indiana farmland sells for top-dollar at recent auction
ALBANY, Ind. — Wagner Auctioneering and Real Estate on Sept. 6 sold more than 72 acres in rural Delaware County, Ind. for $425,000.
The property was owned by Ruth Jerles of Albany, Ind. Auctioneer Andy Wagner said, of the 72.69 total acres in the sale, 63.5 acres were tillable. Wager said they were “highly productive soils.”
For additional information about this sale, call Wagner at 765-468-8463.
Legendary Texas ranch sells for $28.5 million at auction
DALLAS, Texas — One of Texas’ largest and most historic ranches, the 10,600-acre Camp Cooley Ranch in Franklin, Texas, sold for $28.5 million at auction to Circle X Land and Cattle.
The ranch, centrally located between Dallas and Houston, has rolling topography, lakes, wildlife, wetlands and a 1,000-acre exotic game preserve once frequented by President Lyndon Johnson and Texas Gov. John Connally.
“We are very pleased with this sale,” said Scott Shuman, head of Hall and Hall Auctions.
“I think the auction process exceeded the expectations of nearly all parties involved.”
Twenty-two qualified bidders along with their families, attorneys, lenders and consultants attended the private auction. The $28.5 million sale price included surface and mineral/royalty interests. All equipment and personal property was offered through a separate transaction.
Known for years as one of the nation’s top purebred cattle operations, Camp Cooley Ranch includes lush grasslands, mineral rights and wetlands.
The ranch has three sets of cattle-working facilities, a sale barn, offices and a main house with 8,590 square feet, six bedrooms and 7 1/2 bathrooms, as well as three smaller brick homes and five wood-frame homes.
For more on this sale, contact Shuman at 1-800-829-8747 or www.hallhall.com |
