Posted by sourgum on February 25, 2020 at 20:51:13 from (107.77.210.82):
In Reply to: Psychological Impact? posted by Traditional Farmer on February 25, 2020 at 13:15:52:
A major green paint ag company made sales projections yesterday for 2020. They are projecting 5 to 10 % decline in ag and turf equipment sales for 2020. This is new equipment sales not used. Soybean market dropped 0.50 cents bushel in last 2 days. Corn price is down considerable also. Farmer fortunes can follow commodity prices. Deere had a 43 yr old - 135 hp tractor & planter on display at the NFMS show in Louisville last week showing it completely retrofitted with GPS receiver, auto-steer, upgraded hydraulics. precision seed drop, & field ready & able to pull a smaller planter than the big boys do. Used equipment in good shape is bringing record breaking prices at auctions. This good used equipment example was on display at NFMS, something you don't see at a show like that.
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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