Ritchie Bros. farm auction in Saskatoon sets records
Bidders from 27 countries spend more than $43 million in single day
The world's largest farm auction company said it held its largest single day auction ever — and it took place in Saskatoon this week.
"It's amazing. The building was full, the sale was packed with people all day long. Our online bidding attendance was the largest we've ever seen for the (web)site, and on site records, too," said Jordan Clarke of Ritchie Brothers Auctioneers in an interview.
Clarke says major farm equipment manufacturers like John Deere, Case and New Holland began expressing interest in the December auction earlier this year.
"It just kind of snowballed. People saw that equipment and wanted to be part of that event," he said.
- More than $43 million in sales.
- More than 4,350 bidders from 27 countries.
- More than 1,500 equipment items sold, including 128 combines and 83 tractors
Clarke says the auction also set a site record for its Saskatoon facility.
Buyers came from across Canada, the U.S. and Mexico. There were multiple viewing rings at the Saskatoon auction site and the $43-million in sales happened over the course of a 12 hour day, Clarke said.