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Very southern Mn | John Deere and other mfg are betting on the big guys. Personally I think whole industry has forgot the smaller guy. We were in JD business up to 2017, hand writing was on the wall, what as a dealer where you going to do with used big planters, 60’ field cultivators and 16 row Cornhead’s. First guy was paying only a small percentage of use, big mud deals that dealer couldn’t afford to lose because of way market share was figured and dealer has yard full of big stuff, second and third tier farms didn’t want.
Other issue is as an example How many 2000 acre and under farmers are planting with a planter and tractor valued between 300000 and 500000? More than you think. How many actual understand how much an acre it costs to plant their crop? We have all got talked into myth that we have to have crop planted in a short week with technology that could run a space station? How much additional add ons are on top of that? As said above look at our competition in Brazil and what their machinery costs are. It is not sustainable. How many of you if you have a good profitable year are going to buy a new 500000$ plus tractor? How many may be looking for a 5-10 year old tractor at half of that or less? I say above looking at our own farm, I shake my head at how it continues even if farm has very little debt. 3/4 million dollar combines and 500000 mfd tractors pulling 100000 plus implements looks like we have all been sold a bill of goods. Are you making money? Can we compete with our neighbors to the south if we keep present mindset? | |
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Worst farm economy since the 80s
