Auctions : Does the weather influence the price (anymore)?

NY 986

Well-known Member
Tis the season for auctions and I see where guys get their hopes up for a bargain because the weather is expected to be bad. I don't think the weather has had any bearing on anything I was looking at to buy whether it be snow, pouring rain, -20 windchill, or 98 degrees in the sun. I think depending on the person the guy comes to gut it out or comes prepared (with electric hunting socks) that has made up his mind to buy something. What do you all think?
 

I agree, we used to go to sales when back on the farm in Jan. and Feb. and I don't recall getting any bargains then. I do remember some stupid cold days and standing around until the items we wanted came up. I've been to a few lately but they were all in much warmer weather and I did see a few bargains, just no money to jump on them. With my luck when I start bidding there is someone there that wants it way worse than I do. I did get a decent riding mower last fall however, just luck and a bunch of cheapo buyers in that ring.
 
As I got older the weather determined if I would go,and the crowd when I got there would determine if I would stay.If things were going for stupid prices I would go home and work on a project instead of wasting my time.
 
I think it's more a matter of a change in the weather during the sale. If a cloudburst comes up and the auctioneer is inside a truck and keeps selling while half the crowd is running for cover,there might be a bargain or two for a few minutes.
 
I have seen the weather affect sales such as antique auctions and such where the people are a little less resilient than farmers. Farmers will stick it out in hopes of getting a deal.
I have seen deals due to auctions running late into the day. I was at a dealership liquidation one time that should have been a two day sale, and they tried to make it in one day. By late in the afternoon guys had their trucks loaded as full as they could, and headed out. By dinner time the dairy farmers were heading home to milk. Most of the dairy farmers didn't realize they would be there that long, and hadn't made any previsions for someone to milk for them. There were only a handful of people left by 5 PM and stuff was going cheap...
 
I've seen good weather affect prices more during planting, haying and harvest more than bad weather. If it's a late spring and most farmers still have crops to get in, or wet and they have hay on the ground on bright sunny days they are less likely to be at an auction. Say with harvest time. When it's time to combine wheat or beans they are going to be in the field on good days.

On the other hand I've seen auctions in bad weather draw crowds because farmers haven't got much better to do. Lot of times they just show up as a social event and are not even interested in what's for sale.

Rick
 
Whenever I attended a sale where I thought I might benefit from bad weather, Murphy"s Law kicked in and made me wonder why I went. There was always someone there with the same determination that I had to buy the same item. As the saying goes;"It only takes two too make a sale". I"ve just never been lucky enough to have the other guy stay home.
 
seems to me at least, if the weather is bad, only the serious buyers are there. all the tire kickers and ogglers stay home.
 
I have seen the same thing. In the early 80"s, a neighbor bought an IH 966 for $8200, and an IH 1586 for $10,500. A sudden gust of wind had mostly blown down the tent where the clerks and food were set up. Most folks ran to get the tent back up (A few folks were under it). The auctioneer just kept selling, and the neighbor got some real deals!
 

I would say most definitely. It won't make a difference to many who plan to attend, but a heavy snow will stop many, especially those who would be traveling a distance. So if the attendance is off thirty percent there will be quite a few things that will sell for less, maybe a lot less.
 
Me either. Remember goin to a sale in '74 to bid on an unused field cultivator a fella bought then retired. Never had shovels on it! I priced it out and could get a new one delivered for $2450 with shovels installed.
Had to put my plow down a few times on the way there and the high temp was -8. There was 15 people there including the auctioneer and his helper and two other guys came for the same thing as me. I quit bidding at $1900.00 and the other two ran it up to $2350.00!!!
 
Talking auctions, I have learned to not bother to go to an auction out of your area, when I was younger I was seriously looking for a bigger tractor and hit a couple auctions 80 to 100 miles away, At one there was a 870 Case that I would have bought for retail, I had done my homework and it was nice, the bidding was down to two of us and I was actively bidding and the auctioneer just up and sold it to the other fellow and called him by his first name. At another auction that same spring, another Case tractor and nice, after waiting around for half a day they come to the tractors, young man with two little boys climbed up on it and puts one kid on each fender and the auctioneer proceeds to sell it to him, I would have paid more for either one. I was not mad but dissapointed to not even have a chance, I don't blame the auctioneer to sell it to a local boy, maybe even a relative, but a lesson learned.
 
I would not have let it go at that. As long as there is a bidding process going on the auctioneer is required to accept any bids that are within view within reason. Somebody in the DA's office would be hearing from me if some auctioneer threw my bid aside to accept another bid that was not higher than mine.
 
"Yer durned tootin!"
Temperature does make a difference, last July I had a snowblower to sell, didn't git no calls.Advertised it a couple veeks ago and the fone rang off the hook, poeple trying to buy it.
 
It was raining when the auction started, soon it
turned to sleet, and people started leaving. I
got a nice PTO winch for $35. It was too heavy
for a front bumper mount. I put it behind the cab
of a 1 ton Chevrolet. #80 Chain drive from PTO.
 
I know a couple jocky's that buy stuff at a local consignment auction.When it gets late people leave and stuff gets cheaper.They buy,move the stuff up front for the next sale and it always makes money.
 
Just got home from a farm auction.

It got up to 10 degrees as I was driving home, was minus 8 over night.

The 20-30 mph winds created enough drifts between the pickups parked along the road for the 2 hours the rather short auction was to be noticeable drifts.

Don't think the weather made much difference. Would maybe affect the hay rack items, less casual browsers, but for the real items I think the real buyers show up, and so etimes standing in the minus 26 wind chills we had kinda steels a person to go buy the darn thing no matter what it costs......

Driving home from it saw several busses dropping off kids, schools all around were closed 2-3 hours early for the blowing snow that is to come. Actually we are in a blizzard warning starting 1/2 hour from now.

I thought it was a nice sized crowd at the auction, I had to walk 1/4 mile to get to the driveway.

Actually was the auction of a fella that hung around this site and other farm ones a few years ago. He done moved south, I guess this day was a good kick in the rear to tell him he made a good choice. ;)

Paul
 
I tend to agree.

The rack items might go a bit cheaper with fewer "what the ****" bids by people just passing the time but items more than a few hundred dollars seem to go even higher - especially big ticket items like tractors. It's almost as if "I waited through all this crappy weather I'm going to make this day count".

The crowd will be smaller but more determined.
 
Been going to auction for probably 60 years. Rain, cold, sleet, or snow will not effect the outcome of an auction. In fact it might help. The only thing that might hurt an auction is a very hot sunny day. Have got some very good deals on hot days, but forget it on cold miserable days. Every serious buyer is there for a bargain, and it turns out just the opposite. Have spent many day's freezing at an auction and came home empty handed.
 
Went to an auction in near blizzard conditions - and everything went for high prices.

Some auctioneers I know usually hate a nice sunny day with comfortable temperatures as people tend to start talking to each other instead of bidding.
 
Went to a sale in NC Iowa in the early 60s to try to buy a 4010 that was nice. It was -10 with 2' of snow on the ground with 20mph wind. Trying to stay warm in the pickup. The auctioneer was on foot. It took about 2 minutes to sell and was the highest priced one that sold in a long time. In good weather, everyone is standing around shooting the bull and things go slow and lower.
 
Rain or snow usually makes things bring more,in the Summer when its really hot,humid and most farmers are doing farm work then things will go cheap lots of times.Late Fall just before the Holidays prices are usually the cheapest of anytime.Went to a sale last Nov. had to triple stack on the truck and trailer bought bush hogs,disks,blades,plows,tillers all real cheap.Even bought 7 really nice heavy solid Oak chairs for $1 each.
 
Real auctions that is not a problem they are there to get the most money. We work auctions 500+ miles from the house regular
 
I think the weather plays a small role. I have found that fall auctions things sell cheaper. Spring auctions things go for more. my father attends a consignment auction in new York about five times a year. I think mostly as a social event but I always have at least one trailer load of treasures to bring home.
 
Last auction I went to we had freezing rain all morning. The place was packed. I looked at one fella and said, "Don't these people realize the roads are too slick to be going to an auction?"

I had my eye on 2 creep feeders. The small one went for about $450 (a new one is about the same price). I didn't wait around for the big one.
 

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