Farm auctions are events where farmers sell their equipment, livestock, and other agricultural items to the highest bidder. These auctions can take place in person or online, allowing buyers to compete for items they need. Items sold can range from tractors and plows to seeds and feed. Participants in farm auctions include local farmers, agricultural businesses, and sometimes collectors. The auction process typically involves an auctioneer who facilitates the bidding, ensuring that the sale is fair and transparent. Farm auctions are a vital part of the agricultural economy, helping farmers buy and sell essential resources efficiently.