Deer lays off workers again

[Oliver88]

Inventory on lots doesn't seem to be moving.
Prices will go down if net farm income and demand drops.

I suppose the new prices will be increased controlled by reducing the supply and the drop in our dollar. The Big operators that need to turn over machinery will be forced to pay.

[MBgrower]

Most farms heavily upgraded their entire lines the last 5 years. I'd say most could go several years without having to buy a single item.

[bucket]

That's my plan. Low houred equipment for a few years yet.

That and dealers have shitcanned trade deals. If I have to deal no trade it just gets stupid.

[fjlip]

Jay Dee took 23 one year old Case trades from ONE BTO, and they still all went to the March Ritchie sale in Swift. Ritchie sets your trade values MINUS dealer markup. SFA left for farmers.

[farmaholic]

The BTO likely has little equity in the iron anyway. Probably doesn't matter to him, keeps him in new iron and plays one brand off against the other. Isn't there really only two brands playing that game any way, JD & Case. With the current situation, this too will end. But I see your point how dumping large amounts of low hour iron on the market through auction sets prices.

Chances of that game being played here is zero, I'm insignificant in dealer eyes. But I did get a nice jacket with leather sleeves once :-)