Posted 11/9/2012 07:23 (#2687221 - in reply to #2687206) Subject: RE: Bushels of corn (value) to trade then vs. now
Gravel road, way back in the Loess hills, SW Iowa
you are correct, today's iron prices have never been cheaper when compared to bushels of corn at today's prices.
Just took delivery on a new 460 hp JD tractor and it takes 20% less bu of corn to purchase based on today's prices than my new 300 hp JD tractor purchase in 1996 did in '96 corn prices.
I wish I could be re-born into a JD straight commissioned salesman.