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Things aren't that bad!
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Jlbfarm
Posted 8/13/2024 09:00 (#10849375 - in reply to #10849339)
Subject: RE: Things aren't that bad!


Colfax Indiana
Watched the game for almost 30 years. That tractor will b an exception no def. highly desired tractor. Compared to price of new. Specially at a farm sale. Reduction sales and Facebook marketplace I could send you probably 100 things that would make you say. That’s all it sold for. That’s all they want Semis are in the toilet. So is excavators , planters , combines , and several other things. Local farms sales are not a complete gauge of what’s something is worth. Neighbors trying to rent the farm. Family bidding it up for sentimental reasons. Friends wanting what BOB had. Hardly any in the area. I do understand reduction sales can be a big farmers excess equipment graveyard. But looking at multiple states starting last October. Someone called each other and said sell. Never seen much equipment being dumped. My local dealer with 18 stores has 4 different auctions 2 starting today. We will see what happens
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