By the company’s best estimations, Ritchie Bros. Auctioneers thinks it has a world beater agricultural auction on its hands.
“We were pleasantly surprised at how far the interest went. We increased our advertising power more so than we have in previous sales and it definitely paid off,” said Jordan Clarke, regional sales manager for Ritchie Bros.
Last week, the company sold $43 million worth of equipment and trucks in one day.
More than 4,300 bidders from 27 countries took part in the Dec. 3 Saskatoon-based event, in person, on-line or by proxy.
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Clarke said online participation from outside of Canada came from Mexico, Thailand, the United Kingdom and the United States.
In total, more than 1,500 items and trucks were sold, which included 128 combines, 83 tractors, 60 headers, 40 swathers, 32 sprayers and 21 air drills.
Bidders from outside Saskatchewan bought more than $16 million worth of equipment and more than $18 million worth was sold online.
“Farmers are inclined to spend money if they have it and this year they definitely have it,” said Clarke.
He said the biggest surprise was the strong demand for high clearance sprayers.
“There were eight sprayers that sold in excess of $260,000 dollars,” he said.
If strong sales continue, Clarke said Ritchie Bros. may hold a two-day sale in the future.