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Tractor Talk Discussion Forum

Re: Something to laugh and wish was true

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James22

12-13-2007 06:50:48




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The farmers that own their ground are doing extremely well unless they had unusual weather conditions such as a drought. Have you noticed that JD has already sold all the big tractors and combine production thru 2008, so someone must be making a lot of money? The local CIH dealer has already sold all the machines he is alloted. Personally my farm income will triple this year. So unless you had a drastic increase in next year's land rent, it should also be pretty good. If I didn't have a drought and still couldn't make a comfortable return in this enviroment then I would "pack it in" and do something else.

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LenND

12-13-2007 08:55:37




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 Re: Something to laugh and wish was true in reply to James22, 12-13-2007 06:50:48  
The only ones coming out on top with the new machinery is the banker. He's going to at least get part of his money when prices go down. Because he has first dibs on everthing he has financed. And the majority of this new equipment is financed unless some big companies need tax breaks.



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