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Farm auction rings up $1.3M in sales
A farm equipment auction at the Colusa County Fairgrounds racked up $1.3 million in gross sales.
"John Putman is a remarkable individual. He puts on a great auction," said Colusa resident and rice farmer Gordon Wiley. "We didn't buy anything, but we have friends from Rachel, Nev., who bought a tractor, a truck and a trailer. They have a long drive ahead of them."
Wiley said that the water situation has a direct impact on equipment prices and the drought that the area is suffering kept prices down.
"With the water situation, especially after the announcement by Glenn-Colusa, that affects the prices. If you can't farm, you can't sell equipment," Wiley said.
Putman, the man in charge of the auction, agreed that the water situation had an impact on prices.
"I think the water shortage did affect the sale. Some of the prices were a little soft, but overall a good sale," Putman said.
Nevertheless, Putman said that Putman Auctioneers Inc. sold 325 pieces of equipment and had more than 600 registered buyers at the auction on Saturday.
"At times, the crowd got up to around 700 to 800 people," Putman said. "We had sellers from all over the state, as far south as Stockton. We had buyers from Nevada, Oregon ... We even had a company out of Iowa here."
This was Putman's second auction at the Colusa location.
"We don't have a sales yard, so we go where our clients are," he said. "Overall, it was a beautiful day. Sunshine was great. Great sale."
CONTACT reporter Brian Pearsonat 713-9519.