Layoffs coming at Bourgault

[walterm]

IMHO, this is just part of a larger piece of the pie that has decimated our industry and chased a lot of potential farmers away. By making equipment, seed, inputs more expensive, that just signals to people either drive junk, or stretch out to buy, or get more land.

I dont remember this kind of inflation in iron back when my dad was farming.

Ya I remember companies going after market share based on lowering price with new lines. CCIL, WFE to name a couple that kept others in check and affordable to most, so competition bought them out.

[fjlip]

IMHO, this is just part of a larger piece of the pie that has decimated our industry and chased a lot of potential farmers away. By making equipment, seed, inputs more expensive, that just signals to people either drive junk, or stretch out to buy, or get more land.

I dont remember this kind of inflation in iron back when my dad was farming.

I did in 74-78, as an example 4430 JD went up 35% in a year or two, plus waiting list to get one. Even if ordered price went up by delivery. One reason canola went from $2 to $9. Wheat tripled.

[bigzee]

Farmer used to have to pay a million to buy a tractor, drill and sprayer. Now ... we all know what that buys you?

[WiltonRanch]

I think Bourgault has gotten a little big for their britches. Guys laugh at Deere for not having big wide drills and the monstrous carts like the others. Seem to sell enough smaller new ones around here. Part of being in business is providing your customer base with stuff they need or make them think they need something better. The latter makes the big bucks in good times but the former is what gets you through hard times. Everyone hates on Deere and what not but they’ve been in business god knows how many years cause they accommodate most sizes of operations. The Bourgaults of the world build some great equipment but their target market narrows the more they forget about the medium and smaller guys.

[Rareearth]

I don’t think any consolidation or down sizing in any Ag business should be celebrated.
Misery loves company, what’s next?
I’m looking to keep my glass half full.

[quadtrac]

You’d think they filed for bankruptcy or something the way some are talking.
So they laid some people off.... big deal.

[Herc]

You’d think they filed for bankruptcy or something the way some are talking.
So they laid some people off.... big deal.

The way some talk sounds like all they build is 1300 bushel tanks and 120’ drills.

Likely just gonna park the 3320 and pull out the old deere 9350 drill and seed with that next year. Better yet maybe the local deere saleman can give me a quote on a new one, seeing the green guys so accomodating to my small farm.

Pot may be legal now but come on guys pace yourselves.

[Partners]

[QUOTE=Herc;393982]The way some talk sounds like all they build is 1300 bushel tanks and 120’ drills.

Probably most are 700 and 950 tanks.
We bought a new 450 this spring.
It was 1 of only 2 they built last winter.

[farmaholic]

.....they're not all stupid big but they are all stupid priced, no matter the size.

I wonder if planters will supplant today's drills. A tool bar of single rank openers sounds like a rake to me. Fert application with today's planters is challenging. Will probably have to rely on liquid more or split apps, one being foliar. Some areas still fall band. Product volume still may require some kind of towed "nurse tank" to supply the planter, otherwise there could be lots of filling. One thing we can count on is innovation and evolution continuing to change things.

Herc, you better get the 9450's they had better trash clearance or get a set of three IH 7200's.

[Oliver88]

what in the world could possibly be going wrong ?
let's see ' $600-$800 k for a dril and cart
2 years later sells for $150 at RB
most grain same price as 50 years ago
should work ???

When one of the big "Investment/MotivationalConsultant" farms went bankrupt a few years back and owed 10's of millions to people and banks across the prairies they had an interesting RB sale.

The numerous SeedHawk drills and tanks sold for 1/3 of new price after 2-3 years of use.

I thought this was a staggering decrease in value.