JayDee Ag Tech Humboldt

[Klause]

A bunch of that is new stuff that's already sold... We have an investor farm in the area that flips every year and runs all green... and 3 BTOs that do the same.


They're all of a sudden interested in small guys... sales dude keeps bugging us to trade sprayers in, prices are close but leaning to a patriot.

[Richard5]

If 90,000 per year on combines then probably 30,000 per year for swathers - nuts

I only know of one friend that trades certain pieces every 3 to 4 years or so. Last i heard from him it was around 43,000 per years use on combines, in the 30's for tractors (red)

Maybe his equipment is in better shape or less hrs but if guys are trading green combines and tractors for 60 to 90 there are nuts

Burning a lot of profit....

[iceman]

Guys Guys Guys.

Everyone pays cash. How many times do we have to go through this?

[SASKFARMER3]

Cost on new combines for 2016 season is $110,000 a piece or 101,000 with multiple.
So as I said earlier were out of the game.
300000 is 30 dollars a acre to move up to 2016 machines loaded with all the toys. Ah if your costs are around 10 per acre now why would you risk adding 30. Get it custom harvested.

[farmaholic]

So, they'll accept EIGHT PERCENT less money on multiple flips.... what does that say about margins?

I realize the discounts don't come from the dealerships(they may have to make up "part" of the discount but I assume most comes from the parent company). My point is, have you seen the number of employees, "workers" would have been a little to generous a description, walking around some of those places? Do you think they are all "earning" their wage? Time for someone else to trim some ****ing fat!!!

[SASKFARMER3]

Maple let 30 some go in fall and my guess is this is just the beginning. Lots of other places will start. Welcome to 2016.

[SASKFARMER3]

That's with 3 year bumper to bumper warrantee with deductible.

Oh yea disclaimer

All Albertans pay with Cash!

Just want to clarify that.

[LEP]

SF3 , if you keep those combines three years that 101k becomes 150k so down to 50 per season.

[Hamloc]

Sask3 I assume the 110 diff is on a one year old machine, I am just curious what is the cnt price on a new S680.

[farmaholic]

I don't understand why some people find it so hard to believe that some large, long established, well managed family farms are in a very well heeled position?

If every subsequent generation didn't have to buy the same land in the same family every time the torch got handed down... Luck, management, timing, outside income....