All I can say is do not be surprised if unsavory alternatives arise because the dynamics of demand have changed. It goes back to my earlier premise in that everybody who is a producer wants the world to operate like it did 40 or 50 years ago other than the producer themselves who desire unlimited production and unlimited size. I know guys here are taking this as coffee shop talk and nothing more but this is a looming problem in the next 20-30 years. Buying a quart of milk at the corner convenience store is a mentality that has disappeared with a lot of consumers so don't be surprised at some point when the letter comes from the milk plant or co-op saying they don't need your milk. If enough processors do not need milk or other commodities due to shifting or declining demand then that will have an effect on your property in terms of value as there will be fewer buyers for it as they can not make a return with assets valued as they are at present. Your retirement may not be as you envisioned it.
What can we do about it being easier to enter the business for young people? As the system exists at present not much. I know it won't sit well with the generation at retirement's doorstep but asset prices have to come back in line to where a mid-sized farmer can service debt and take care of their family. We can talk about economic efficiency and so forth but at some point we have to look past economics towards basic freedoms for one thing. Having the food supply concentrated in the hands of a tiny few is how the royals maintained power in feudal Europe. It may not go to that extreme in 100 years from now but if a person lived another 100 years from today they might see very little resemblance to the industry as it exists today.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
