A Georgia retirement auction showed strong demand for well-maintained used farm equipment, with a 2008 John Deere 7130 Premium selling for $118,250. The sale indicates elevated interest in pre-DEF machinery, particularly low-hour equipment. Regional price gaps for high-quality used machinery have largely disappeared, suggesting a tight used-equipment market.
Key facts
A 2008 John Deere 7130 Premium with low hours sold for a record-breaking $118,250 at a retirement auction in Georgia. source
Deere & Co. (DE) shares rose 1.88% to $632.61 on Monday, breaking a three-day losing streak. source