The key words here are earnings instead of losses. Of course this has an impact on stock prices and the ability to attract investors to keep the stock price up. Deere learned that diversity is the key to survival many decades ago when it got deep into financing, industrial lines, and consumer products. Deere can weather a down period for a while. I hate the consolidation on the dealer level but this no doubt allows them to better manage inventory and factory schedules. I hope I live long enough to see a time where big is not always better on the farm front and the equipment manufacturer front but I am not holding my breath on it. Some dealers are starting to note the consequences are big when a farm customer up and switches loyalties because the farms are so big when it comes to whole goods. I remember years ago some dealers preferred mid-sized farm customers and noted that there was safety in numbers. A neighborhood of 6 300 acre farms does not seriously impact business if one changes allegiances or sells out but one 1800 acre farm reduces things to an all or nothing situation for that neighborhood and that dealer territory.
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Today's Featured Article - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
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