Ag tractors pull in big bucks in 2022

February 9, 2023

2022 was a remarkable year for used equipment, with strong pricing across the board for many types of equipment. One of the categories that is receiving the most attention, and rightfully so, is the used tractor market. Demand for these machines is being driven by lack of supply, reduced new build allocation, increase in new tractor pricing, and strong 2022 farm income. There are some external economic factors that are attempting to slow inflation down, such as interest rates, foreign currency exchange, export markets and high land prices, however this has not hampered the used tractor market yet.

Here’s a look back at 2022’s Top 10 big ticket ag tractors sold via Ritchie Bros. multiple sales channels.

1. 2020 JOHN DEERE 9520RX Track Tractor – CA$650,000 (US$508,100)

Sold via Ritchie Bros. auction in Bonnyville, AB, Canada in June.

2. 2016 CASE IH STEIGER 580 Quadtrac Track Tractor – CA$600,000 (US$439,600)

Sold via Ritchie Bros. auction in Balcarres, SK, Canada in October.

3. 2016 CASE IH 620 Quadtrac Track Tractor – CA$550,000 (US$438,000)

Sold via Ritchie Bros. auction in Moose Jaw, SK, Canada in April.

4. 2020 VERSATILE 570 DT Track Tractor – CA$540,000 (US$397,400)

Sold via Ritchie Bros. auction in Saskatoon, SK, Canada in December.

5. 2016 JOHN DEERE 9570R 4WD Tractor – CA$520,000 (US$382,600)

6. 2016 JOHN DEERE 9570RX Track Tractor – CA$520,000 (US$416,600)

Sold via Ritchie Bros. auction in Vauxhall, AB, Canada in March.

7. 2017 NEW HOLLAND T9.600 4WD Tractor – CA$505,000 (US$377,500)

Sold via Ritchie Bros. auction in North Battleford, SK, Canada in November.

8. 2017 JOHN DEERE 9620R 4WD Tractor – CA$500,000 (US$390,800)

9. 2018 John Deere 9620R Articulated Tractor – CA$474,000 (US$376,100)

Sold via Marketplace-E in Lanigan, SK, Canada in April.

10. 2018 JOHN DEERE 9620R 4WD Tractor – CA$465,000 (US$369,700)

Sold via Ritchie Bros. auction in Saskatoon, SK, Canada in June.

If you’re looking to sell or buy tractors, don’t miss our Tipton, CA auction on Feb 17 as well as our Lethbridge, AB auction on Mar 21-22. And don’t miss us at these upcoming ag tradeshows:

World Ag Expo – Tulare, CA – Feb 14-16
Ag Expo – Lethbridge, AB – Feb 28-Mar 2
East Central Farm Show – Lindsay, ON – Mar 1-3
London Farm Show – London, ON – Mar 8-10

Want to see more tractor selling prices? Try Ritchie Bros. Price Results

Want to research the latest pricing for tractors and other farming equipment? Sign up for our FREE Ritchie Bros. Price Results tool. You can quickly type in make, model, year and meter and instantly receive pricing results for items sold through Ritchie Bros. over the past two years.