Posted 1/17/2016 19:57 (#5043417 - in reply to #5043378) Subject: RE: maybe not...
McLeod County MN
I would say judging by what you guys are getting for you grain and the sharp rise in new equipment the local market for used will be strong. I ran some numbers for a $100,000 CAD item. Maizeing is bidding $4.85 for corn for 2016 harvest, that's 20,618 bushels to buy that item. Converted to USD that $68820, local E plant bidding $3.50 for new crop that's 19,622 bushels of corn. Takes about 1,000 less bushels of corn for US farmer to buy that item which is about 5%
Canada the new hot spot to buy farm equipment due to currency imploding?
