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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Good Deals on Tractors?

Good Deals on Tractors?

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  • AxtremusA Offline
    AxtremusA Offline
    Axtremus
    wrote on last edited by
    #1

    https://www.reuters.com/markets/commodities/too-many-tractors-boom-times-fade-farm-equipment-piles-up-2024-05-09/

    Too many tractors: As boom times fade, farm equipment piles up

    Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines. To cope with the surplus, dealers are discounting machines, suspending new orders, and even auctioning off equipment at reduced prices.
    .
    The slower equipment sales are a knock-on effect of corn and soy prices dropping to more than three-year lows as U.S. farm income plummets and equipment makers and dealers are forced to pivot quickly after a period of booming business.
    ...

    @Jolly , does this match what you see on the ground? Are there more good deals on tractors and big ticket farming equipment lately?

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    • JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #2

      Link to video

      “Cry havoc and let slip the DOGE of war!”

      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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