Kramers Tandem

[furrowtickler]

Auction today - 2003 Western Star Tandem Grain Truck sold $83,000 - wow. Thought it would go high considering the low KM's and aluminum box. Pre- emision Cat also atractive.

[mustardman]

Yes once I saw it went that high, I knew the pup would be high too 37000

It sure pays to shine up the old tractors heh. the 4840 and 2805 went way high

[macdon02]

must have been something in the air today.
Hodgins sold a half section off the end of my
driveway for 430. Actually 8 quarters went
altogether for 1.395 mil. Its starting to get nuts
around here

[mustardman]

What part of province?

[macdon02]

Between Melfort and Prince Albert

[checking]

At what level did you stop bidding?

[fjlip]

What would that pup be NEW?

What is the assessment on the 8 quarters?

Now land investment is into high risk area. Young guys are screwed if this keeps going.
Only need interest rate increases to repeat 1980's.

[macdon02]

the total assessment was in the 800000 range and the half was about 200 between the 2. I wasnt in the bidding because I rented it all last year and the only real crop I got was on the half. I will kick myself for not buying it but will find somemore somewhere. I need a year to get climatized to the prices.

[fjlip]

That's over 1.5 times local average assessments, so using that factor it is not more than 5% over what land sold in the area last year.

Obviously it's not scary wet out there!

[hobbyfrmr]

Wow, the old MF 4840 went for $44,000. That is high. They are good tractors, they can be bought for half that price. Then again, conisdering the cost of a new equivalent tractor this would be a payment for one year.