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Ritchie Bros. sets new agriculture auction record in Saskatoon

Ritchie Bros. holds its largest ever agriculture auction; may be new world one-day auction record. File / Ritchie Bros. Auctioneers

SASKATOON – An agriculture auction in Saskatoon may have set a world record.

Ritchie Bros. Auctioneers held its largest ever agriculture auction on Tuesday, selling more than CA$43 million of equipment and trucks in one day.

“To the best of our knowledge, this was the world’s largest one-day agriculture equipment sale,” said Jordan Clarke, regional sales manager for Ritchie Bros.

“This was a great year for harvests and optimism for the farm industry is at an all-time high. Bidding was fierce in all equipment categories as farmers were looking to get quality equipment now to put to work next season.”

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Over 4,300 bidders from 27 countries took part in the auction, either in person, on-line or by proxy.

More than 1,500 equipment items and trucks were sold for 190 sellers, including 128 combines, 83 tractors, 60 headers, 40 swathers, 32 spayers and 21 air drills.

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Bidders from outside Saskatchewan bought more than $16 million of the equipment and over $18 million worth was sold on-line.

“Saskatoon has quickly become the agricultural hub of the Ritchie Bros. auction network,” said Clarke.

The auction comes four months after Ritchie Bros. set a new record for combines when 135 were sold at an auction in Saskatoon on Aug. 7.

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