The East Anglian based auctioneer sold a record £52.6m-worth of second-hand tractors and agricultural machinery last year. Sales were up by £4.6m in comparison to 2020. Over 33,000 lots were offered across 53 auctions throughout the year to over 35 countries.
The £36.5m-worth of items sold at the machinery at the Sutton sale ground in Cambridgeshire was an increase of over £1.5m on 2020. The 38 onsite sales (28 in 2020) were spread across the UK with over 6,700 lots offered on behalf of farmers and contractors.
The highlight of the onsite sale calendar included the R C Baker sale which grossed over £3.1m, with £525,000 paid for a Claas Xerion 5000 slurry tanker, the highest amount paid for any secondhand piece of agricultural machinery at auction.
“2021 saw a surge in demand for second-hand kit as farmers continue to be affected by rising costs and delayed delivery times for new machinery,” comments Oliver Godfrey, head of machinery sales at Cheffins. “Dealers returned to auctions in their droves as the lack of new tractor registrations and a drop in trade-ins continued to affect supply levels.”
The next monthly sale will be on January 17 at the sale ground in Cambridgeshire.