So who is buying?

[Partners]

Talking with equipment dealers.
Redhead record sales so far for next yr?
Others also say doing great..
Totally unexpected to me..

[shtferbrains]

Nice 1/2 section of canola can bring 400k and be harvested in less than a day.
Those guys.

Some hauled a bunch of hoarded up grain in june july. Need the 100% CCA
Those guys.

[Guest]

Tried to buy a new Brandt auger
Salesmen just laughed
Tried to update my 2006 boat , four winns dealer said he is allotted 6 boats for next year
Said maybe 2023 if I’m lucky
Don’t even ask price

[beaverdam]

Upgraded to a 8240 this summer when durum was 8.00,,, shortly after the deal it with to 10.00,,, then a month after that it was at 20.00
It wouldn't surprise me in the least if I'd waited, the same combine would have been asking another 40-50k more.

[jazz]

Nice 1/2 section of canola can bring 400k and be harvested in less than a day.
Those guys..

Canola was good, but not that good. Didnt see any crops making those numbers.

Maybe equipment is the new forward contracting - make it up next yr.

In my experience, the only high prices that stay sticky are in iron. Beware. By pure stupid luck we have sold high crop prices before - namely flax and peas - prices never held.

[STR1]

It’s easy to fall into the trap when commodity prices are high.

It’s not the poor years that get farms into trouble………it’s just that poor years can’t pay for the decisions made in the good year!!!

[Old Cowzilla]

Some guys might roll the equipment this year so they can roll the payments till next year. Its been done before but you wouldn't want 2 bad years in a row.

[jdg364]

Too scared to price anything these days.. inputs/iron/supplies for house reno’s. Going to take my money and put her in the bank at .05% 🤦*♂️.

[bucket]

The first payment is easy...it's the next 9 that might cause problems....

[Robertbarlage]

It's not raining!