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The Big Reset underway..?? Corn to $2.. Beans to $6. When does it hit input prices?
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Clay SEIA
Posted 10/26/2018 06:52 (#7065899 - in reply to #7065789)
Subject: RE: Not much equity burn yet for crop guys



Not sure about all that, what I see “here” is that some people who used to buy lots of new stuff because they could trade it after 1-2 seasons for very little boot money have really backed off on that because no dealers can move the 400 hour trade-ins for premium prices anymore. And a lot of other people are running bigger stuff than they might have just because in the used market you can buy class 7-8 combines for the same money as class 5, or 400 hp tractors for the same money as 200 hp.
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