I recall land values taking 22 years to come back to 81 prices. I don't recall new machinery prices going down.
Cost of a new combine then and now same as a quarter of land. If anything, land was cheaper for a while.
We had a huge inventory of used that was fixed. Smaller farms. Today even fixing not the same scenario.
It will be interesting, but I know I don't have another 22 years left in me.
Cost of a new combine then and now same as a quarter of land. If anything, land was cheaper for a while.
We had a huge inventory of used that was fixed. Smaller farms. Today even fixing not the same scenario.
It will be interesting, but I know I don't have another 22 years left in me.
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