Market Comments

Machinery round-up: Clearance rates lift, chaser bins in demand

Written by Matt Cotton | Sep 11, 2024 3:21:38 AM

Monthly wrap

There was a significant jump in clearance rates for items lists on AuctionsPlus during August, particularly for items above $10,000. This upward trend has carried over into September.

Some recent high grossing auctions indicate growing confidence in parts of the Eastern States.

  • Jungaburra Clearing sale, Narrabri NSW. The sale achieved a $1.6mill gross and 95% clearance.

  • Kooroora Clearing sale, Dubbo NSW. $3mill gross and a 95% clearance.

New feature

We’re excited to introduce our new and improved search function on the homepage.

This enhancement allows you to search for keywords, making it easier than ever to find exactly what you need on AuctionsPlus.

Whether you’re looking for specific items or broader categories, this feature will streamline your search process and help you locate the best deals quickly.

Upcoming items

With 45 auctions already booked for September, there’s plenty to look forward to. We’re seeing significant interest in chaser bins and trailers at the moment.

Here are some key items to keep an eye on:

  • Chaser bins: Ideal for harvest time, these bins are generating a lot of attention due to their utility and efficiency.

  • Trailers: Various types of trailers are also in high demand, reflecting their essential role in a wide range of farming operations.

 

Lot 6 in the Molloy Clearing sale, Yenda NSW – September 9

 

Lot 17 in the Major Ag & Transport Auction, Central West NSW – September 16

 

Stay tuned for more machinery updates and be sure to take advantage of our improved search function to find the items that best meet your needs.