Jim Patrico Progressive Farmer Senior Editor
Mon Nov 17, 2014 10:50 AM CST

I've been researching an article on used equipment price trends for The Progressive Farmer magazine's January issue. So I was interested when an article about a recent equipment auction at a John Deere dealership in Sidney, Neb., arrived in my email box. The sale brought $7.4 million for 20 tractors, 16 combines and miscellaneous pieces such as cornheads, trucks, and sprayers. The article said 21st Century Equipment held the auction because it had an oversupply of used equipment as a result of recent acquisitions of "several other John Deere dealerships."

An auction like this is exactly what some of my ...

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