Yes sf3 I'm thinking waiting till spring may have paid off, but pulled the trigger this week on fertilizer and canola seed, just didnt have the nerves of steel to wait for the input suppliers to drop the ball
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VRT.. Echelon or Farmers Edge
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the so-called experts have predicting higher interest rates for 2 years. anyone notice that it's not happening. the message is pay off debt, sell stocks and go to cash as much as possible. be happy if your land is paid off. just like some are doing now, waiting to fill their tanks as long as possible because tomorrow the gas and diesel price might be lower.
that's deflation, and it's scaring central bankers everywhere.
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Hate to be a supplier or working for one. Pay cuts for everyone? Layoffs and million dollar houses to pay off!
How about the inventory some are carrying?
Machinery dealers lots are full. Next Ritchie will be interesting. Got an auction booked? Values are evaporating.
Lucky interest rates are SFA, maybe they will go lower? Keep floating, lock in lower rates in future? Nothing but stress.
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First deflation then inflation.
The velocity of money, demand, is low right now. Every one is pulling back, saving, paying off debt, etc. the Fed can print all the money it wants, banks aren't lending, the opposite is happening, interest rates are too low right now, when interest rates start to increase hold on, it will be turbulent.
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i think possibly when it was fine tuned after a few years we would see the benefits on all of the acres. 1/3 is just a quick number that if this VR actually works then should easily be able to track the difference on these acres immediately due to the topography and soil quality that varies in it.
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