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A pristine example of 2003 Fiat New Holland 110-90 sold for a whopping £67,200 (€80,151) at a machinery auction held in Co Derry on Saturday 22 January.
While the supply of land on the market remained relatively steady last year, it still represents a very small proportion of all farmland in Northern Ireland.
Peter Thomas Keaveney visited Derry contractor David Kingg, a one-man owner-operator, to find out why he invested in a new Armatrac 1104 Lux last year, and how the machine has performed to date.