Rick, the way you talk you would think I was trying to implement some Stalinist program to make people stay on the farm who do not want to be there. I am just noting that the playing field is getting very tipped and would like to level it for everybody that wants to stay in business. Might be good for businesses that don't put a crop in the ground such as machinery builders as well. From what I have seen at least in my area is that BTO's are pretty fickle when it comes to new equipment. A number brag about running the wheels off of what they have. I heard of one dairyman running an IH 806 for 100,000 hours and this was darn near 20 years back. I would imagine it had a wrench on it a time or two but the owner was going to squeeze every pound of work that he could get out of it. Point is if I am Deere, CNH, etc. I don't know that I can count on the BTO to buy at a certain level to keep my factory open. Marking up remaining units coming out of a factory to this point has worked but at what point do you reach critical mass where the doors can't stay open.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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