Marketing 1 oh 1. Someone didn't get the memo!

[SASKFARMER3]

Just off the phone with Deere again and their getting closer but my god are they nuts.
For 3 loaded S680s with Under 200 hours on the trades they want $67,500 x 3 = $202,500.00
Just a little chunk of change.
Last year and year before $25,000 to 27000 to roll machines and ours always sell, never have they had to hold one back.
So does a guy wait, or Go to Richie Bros and get another 9770.
Because unless I'm missing something this is totally out to lunch.
Phoned the Case guy should have a price by XMAS. NH ill wait.
But then Pike just bought out a guy by us for $270,000.00 a quarter. The guy was a Englishman who immigrated to Canada about 10 years so yea he had seen the frost and other fun times in Canada. Money was good so why not.
But am I the only one that cant see this is 1981 all over again.
Or Late 20s etc.
Land is great investment compared to machinery. Buying one extra quarter makes more sense than owning a 3 new combines which depreciate.
Or am I getting to old to run one more wave and dip. Old Saying when every one is running turn and go the other direction. I feel like im going the other direction.
What are others thinking.
The other day the local dealer brought out their Agrologist. For 800 they would take a look and tell me how they could help the farm. I said I have one they replied theirs was better. Hm
AT the end I was told I would be left in the dust with all the changes that were happening if I didn't sign on.
Again am I missing something. We out yield most neighbors, I do soil test and have a agrologist on call,and by god I'm probably the tightest son of a bitch around but this is getting really weird.
Money is always made when one sits back and waits for the right timing and I feel now is not the right time.

[ALLFARMER]

Definitely some big gambles going on in
agriculture the AB gov has sold 117 thousand
acres or 731 quarters in the north peace and with
every auction the prices seem to be getting
higher. The first few auctions everyone said the
reserves were too high lots sold for the minimum
30k, now last weeks sale bush land for 155k one
guy took 9 for 111k average. Low end price now
70k

If I were you I would talk to lots of guys who
have case combines. Give Henry Vos the x CWB
guy a call he will have lots to say about his.
Neighbor here just got rid of his 9010 another
with a 9120 is not happy also.

Look at the guys spending 2000$ on a bred
cow????? 210,000 more people in the world
every day so who know?

[SASKFARMER3]

So their is a land boom up in the Peace also. Just got the Swather deal faxed over and wow double also what was last year and our trades lasted three days.
Its a very depressing day so far one more deal to come in then I think its time for a holiday.

[ajl]

Wow at least the cost side of AG is
booming. Just got quoted 6.81 (Sept/Oct)
for new crop durum SW sask and 3.75 for
new crop barley so the outputs are not
booming.

[lnewman]

I hear you sask . I upgraded a lot of equip this past
year , I bought when the dealers were begging and I
felt I got good deals , Now every one is running after
the dealers, they have no inventory .I feel its time to sit
this year out, land,cattle and machinery gone crazy, All
we are missing from 1980 is interest rates, Let the
sheep run, I'm sitting on this years profits and going to
pay the taxman.

[agchat]

Its not so much in the west here that the farmers are running the dealers inventory low. Maybe some of you are unaware that the U.S. has a huge program on for there farmers to buy new equipment. Its all part of there plan to try and kickstart the economy down there. That is why prices have jumped, and inventory is tight here. Any of you on here remember the tax incentive on machinery in the 80's here? Spent like drunken sailers!!!

[SASKFARMER3]

Yea its not like i need anything. New combines swathers air-drill and one 9630 last year. But just did annual calls for end of year. Big surprise, not with all the price increase happening. Just smile and wave and sit back and enjoy.

[wheatsnowcanola]

One problem with S series pricing is all the new extras in the price. Such as prodrive $11,000-$12,000,hopper covers $4,000,JDlink ??-$2,000,IT4-??,bigger tires,more expensive spreaders,rethrasher etc.
Not wanting to cause a stir, but I wouldn't buy a 2011 9770 if it was only $68,000 less than a 2012 S680. Would have to be at least $100,000 less than the new one. Dont't think you would buy another 9770 for $68,000 less than the S680.

[SASKFARMER3]

Lots of e.xtra shit that's not really a big addition
just boosts price. The dealer is trying to make
same margin on new as used.
Will st back no need to change ran the new one
for a few days nice but not that much nicer.

[malta]

It looks to me like all dealers are over run with used. I see some lots with 25 high value combine trades sitting in a line. If I'm a dealer sitting on that kind of inventory value that's not moving, I will only sell a new machine if I can get a huge margin. If things slow down, I expect to see some dealers in trouble.

[furrowtickler]

Why tourment the dealer then? If someone was wasting my time like that i would ask high numbers as well just to send a message. Most dealers can't stand guys that play egotisical games.
For a guy that whines and complains about his bad luck, hail, flooded out, heat stressed, frosted out crops, just seems strange how much money you throw around - for being a "stingy, cheap sob" LOL

[bucket]

Your right furrow, but before I sign the cheque I like to know how much I have to pay.

I swear some guys let the dealer write the cheque and sometime during the coffee talk the cheque gets signed and the guy doesn't care.