Some one is blowing smoke up your butt. While I do not like many of the current JD policies they are one of the best managed companies in the world. Fiat and AGCO would be the most likely to have financial issues. Fiat because of it massive loses in it car production. AGCO because of it lower profit margins and higher support costs. They are running about 7-8% while JD is at around 12-13% on equipment sold. IH folded because they tried running with a single digit profit margin and could not make it.
Kubota makes good equipment but even with it purchases of other companies it is no way close to being an industry leader in the market place. Will they be in the future??? I think they can be. You need to remember they are NOT a full line brand. They do not make combines or planting equipment. They have picked up tillage and hay tools but they still have a ways to go. I would bet on them over AGCO or CNH.
I think long terms someone will buy CNH. Fiat will eventually get in enough money trouble is its car division they will need to sell CNH for the cash. They have talked about it before.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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