USA | swne - 11/18/2025 03:53
I started out in the early eighties so have lived both.
Yes, the eighties were a struggle. Fortunately I had very little to no debt then so high interest didn’t bother me. It was actually great for my retiring parents with CDs at the bank. We got by but today if you have any debt and are trying to buy or replace equipment, or buy land , that hurts. I remember buying good equipment cheap by the mid 80’s. Land, you could cash flow if you wanted to take the risk. Inputs were a lot lower but yields were lower too.
Land and equipment make no sense now compared to the 80’s.
Bottom line, both times depends where you are in life. I think most that are claiming the present is easy have things paid down. Are not wanting to buy equipment and are at a stage in their life they are coasting. Much easier place to be than if they were starting out in the late 70’s and had debt in the 80’s. And saw land values drop in half.
Would disagree that equipment makes no sense now vs the 80s
Never has there been a time like currently where , where so much equipment productivity could be bought this cheap.
Was thinking about this, this fall while shelling corn using a combine with an eight row corn head, 1100 bu grain cart, being puled with a 4WD tractor.
That all could be bought for around $100,000 total.
Doesn't require spending $1 million plus for a combine , corn head, grain cart and tractor to harvest crops in a timely manner.
Edited by coup 11/18/2025 12:18
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Hansen Mueller-Chapter 11 bankruptcy
