Inputs , machinery

[furrowtickler]

So iron will NOT come down but just will not sell?

Auction deals $ next spring?

Some deals coming up already at auctions , like $100,000 cheaper than dealer lots
dealers will be scrambling on good used inventory.

[wrongway]

Is someone holding a gun to your head and forcing you to buy $1M pieces of equipment or 1/4 's? or is it ego?

[Templeboy]

there are a lot of really good points on this thread. I have heard that U.S. prices of used equipment have come down anecdotally. 1 year old stuff at auction at 60% of new. Time will tell. Canada will have to follow eventually. Brandt in Melfort must have millions of dollars in blue paint augers.
If the 80s are calling, the guys that were there can tell many tales. By the early 90's crops were not making variable costs let alone paying any fixed. I have talked to quite a few guys in my age group that think if they sold a quarter or two, they would farm for the next 10 years or so and be debt free. nobody wants to sell out completely because what is cash worth??

[foragefarmer]

Is someone holding a gun to your head and forcing you to buy $1M pieces of equipment or 1/4 's? or is it ego?

Or how about farming within your means?

There are far to many egos on this chat line revealing way to much information to the public regarding assets.

[Old Cowzilla]

Cash might be worth more than a million dollar combine that's dropping in value by 20% every year. I know of 2 (million dollar combines) that didn't make it through the season. And what do you do if you have kids in the biz run old combines ? Run semi old combines ? Run real old girls and keep part combines and spend your retirement years fixing combines Fine line between talking to your accountant or a therapist .

[cropgrower]

with a good workshop and good mantainance you can get a huge lot of work done with older simpler equipment , don't even look at what is in your neighbour's field do what works for you , 2000 dollar tractor has been running my 13 inch auger just as good as a 100,000 dollar one and far nicer having no cab

[agstar77]

There is a lot of greed and ego out there. Until reality sets in , there will be more pain. If you have been around long enough , you have seen the cyclical nature of ag.

[goalieguy847]

I always laugh when I see 800 k tractors running harrows.. or high speed discs. It's a silly thing for those sort of hourly costs to be doing.... but if the hours aren't put on the machines then the costs become too high at seeding. Sort of the tail wagging the dog..
I get it though because to have these big drills we need big power and hydraulics and that comes with a horrid cost.
perfect world we are all still running 9400s with bigger hydraulic pumps..


But it's true nobody is holding a gun to anyone's head forcing them to buy at these ridiculous prices.

[AlbertaFarmer5]

perfect world we are all still running 9400s with bigger hydraulic pumps..

We do all our seeding with a 46 year old tractor with much bigger hydraulic pump and system, upgraded tires, engine, and no upgraded creature comforts.

All our auger tractors are 50 and 51 years old this year. The 3 well used 13" augers cost far more than the tractors cost.

[AlbertaFarmer5]

I was just getting a foot in the door of the cattle business when the 02/03 droughts, and BSE hit. Having bought my first land and cattle in the late 90's. That leaves a lasting impression. I always budget with the assumption that terrible weather along with terrible prices are a very real possibility. I consider the past few years of good weather (in the cold wet swamp), and good prices( these are still very good prices historically), to be a gift. I'm not about to start spending as if this is the new normal.

[fjlip]

Local BTO monster outfit has 4 new 290HP MFWD JD on 105' x16" augers all harvest...Those only do rockpicking with 4 Degelmans brand in 2024...$1million+ those in tractors only...$200K in pickers. HTF?

Every field spray planed fungicides etc, every field preharvest by plane...new airport this summer...

[cropgrower]

We do all our seeding with a 46 year old tractor with much bigger hydraulic pump and system, upgraded tires, engine, and no upgraded creature comforts.

All our auger tractors are 50 and 51 years old this year. The 3 well used 13" augers cost far more than the tractors cost.

would be interested to know what is the 46 year old seeding tractor ?