Verified FBN Member (NE)
(edited)
General

Should big iron auctions let farmers cancel listed items in the current epidemic? They won’t.

Verified FBN Member (ND)

No most people bid there stuff up to what they want any ways

Verified FBN Member (NE)

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Verified FBN Member (NE)

With "Auction Time" you can place a reserve price on your items, there is still a charge for using Auction TImes internet portal which is only right.

Verified FBN Member (OK)

Just curious why you would want to cancel because of COVID-19?

I don't watch as closely as others might, but prices and bidding activity sure looked strong last week on Big Iron, Ritchie Bros, and ********. I had my eye on a nice 12-row cultivator in one of them and it blew through my top dollar before the live bidding even started.

Verified FBN Member (OK)

Most Ag equipment seems to be doing ok on auctions. Who knows, online auction might drawn a premium, since there aren’t any traditional live auctions happening

Verified FBN Member (IL)

I watched our local consignment auction sell exclusively online for their last auction and I thought stuff sold pretty well. Comparable to the usual in person auction.

Verified FBN Member (ND)

Yeah why would you want to. Most things are bring alot of money. Great time to buy a combine though. They don't seem to be bring alot. Be careful of the ones in ND. Alot were stuck and they seem to have stretch them all little. Heard horror story's of combines wearing out bearings because nothing is in alinement.

Verified FBN Member (NE)

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