Here in North-east Iowa JD has well over half of the round baler and forage harvester market. The hay mowing machines, disk or sickle would be NH as the big seller, and JD number 2.
Hesston/MF is hardly a player around here in any type of hay tools except self propelled windrowers. There are a few around.
I have been posting about how the BIG stores will have a tough time with low grain prices and massive amounts of late model equipment in the dealers inventory. I think e will see some large chains fail in JD and CIH.
I also think that AGCO will be able to pickup market share. Most of the AGCO dealers around here are not loaded up with late model used equipment. So the slump in the grain prices should mean they have a lower overhead cost to handle.
The livestock farmer does not use enough high dollar equipment to keep large companies like JD going. A BTO grain farmer can easily have several million dollars of equipment. Most livestock guys would have maybe 30% of that. The livestock guys money is invested in their livestock.
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