The auction price caught my eye as soon as I saw it: $39,000 for the 2013 John Deere 569 round baler on a Nov. 3, 2016, farm auction in central North Dakota. Here are the listed specs on it:

Mega Wide Plus pickup, Cover Edge surface wrap or auto twine tie, hyd. pickup lift with push bar, John Deere moisture meter, John Deere monitor, 1000 PTO”


Here’s a picture of it:

I immediately checked the Machinery Pete “Auction Price Data” and found that $39,000 is in fact tied for the highest auction sale price ever in the U.S. on a John Deere 569 round baler. The other $39,000 model 569 also came from Dakota, on a Mar. 4, 2014, farm sale in the east-central part of the state. The same auction firm, the Steffes Group ( sold both of the $39,000 John Deere 569 balers.

I found some further interesting data on 2013 model John Deere 569 round balers in the “Dealer Center” analytics at The average dealer list price in the past 30 days on a 2013 model John Deere 569 round baler was $31,383, which is down from $32,233 90 days ago. Compare this current average dealer list price to the average auction price on 2013 model 569s sold during the past 365 days, which is $27,139.


Do the math here and we find the current average auction price is 86.5% of the current average dealer list price.

Wow, not much gap is there?

This jives in general with what I saw on the auction front late in 2016. There were stronger sale prices on good condition used hay equipment. Here’s a look at this used Hay Equipment category from my Machinery Pete “Used Values Index” fourth quarter 2016 report (based on auction price data I’ve been compiling for 27-plus years now).