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Farm tractor prices up 22% year over year - Ritchie Hub
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Farm tractor prices up 22% year over year

At Ritchie Bros. we have sold more than 2,700 agricultural tractors this year through our various selling options, including Timed Auction, Marketplace-E, and IronPlanet.

According to our latest mix-adjusted price indexes, tractor prices in Canada are up approximately 22% year over year (for the 3 months ending July 31, 2022), which is down slightly from the peak pricing hit in Q1. Here are five of the top sellers so far in 2022:

1. 2020 John Deere 9520RX track tractor – CA$650,000 (US$508,105)

Sold via Timed Auction in Bonnyville, AB on June 13, 2022

2. 2017 John Deere 9620R 4WD tractor – CA$500,000 (US$390,850)

Sold via Timed Auction in Bonnyville, AB on June 13, 2022

3. 2017 Case IH 580 quadtrac track tractor – CA$475,000 (US$368,268)

Sold via Timed Auction in Taber, AB on June 16, 2022

4. 2016 Versatile 550DT track tractor – CA$375,000 (US$290,738)

Sold via Timed Auction in Carman, MB on June 16, 2022

5. 2018 Case IH Steiger 600 4WD tractor – NZ$450,000 (US$285,642)

Sold via Marketplace-E from New Zealand on June 13, 2022

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