Big correction coming imo, prices/costs are way out of line with local income potential. I read CNH raising prices 20% next year, good luck.
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I tend to think the same way but BTOs here seem to defy logic. One 18000 ac operation here said as long as they can net 50 an acre they are happy. They buy new combines every year and all other every second. And keep adding more land. I am sure in ten years there won’t be many farms under 10000ac. And small towns are dying off with it.
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Originally posted by fcr View PostI tend to think the same way but BTOs here seem to defy logic. One 18000 ac operation here said as long as they can net 50 an acre they are happy. They buy new combines every year and all other every second. And keep adding more land. I am sure in ten years there won’t be many farms under 10000ac. And small towns are dying off with it.
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Originally posted by fcr View PostI tend to think the same way but BTOs here seem to defy logic. One 18000 ac operation here said as long as they can net 50 an acre they are happy. They buy new combines every year and all other every second. And keep adding more land. I am sure in ten years there won’t be many farms under 10000ac. And small towns are dying off with it.
What's the point of a nutrien or independent retail when the farms are larger?
Another nail in the coffin of small towns
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Some deal direct with zjohn Deere, not their local dealer when they buy 50 pieces of equipment.
but guess who has to come out to fix them?
Large retail fert gets way better deal, than a smaller one.
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