New Tractor Sales Are Declining

[scootr]

Yep. Even my large farmer friends borrow the money to put in a crop.

I think the increased debt ratio for the average American is an indicator of their overspending. That is going to bite them hard thru the next couple years.

Some of those people are putting car payments, even groceries on their credit cards. Alot of people are not in a position to overpay for every little thing as is happening now.

 

[ovrszd]

Some of those people are putting car payments, even groceries on their credit cards. Alot of people are not in a position to overpay for every little thing as is happening now.

Well stated.

 

[scootr]

The real shame or crime (however you see it) here is that costs for daily living is up about 13% across the board over the past 3 yrs. The majority of Americans cannot absorb that increase.
The result is a national decline in the standard of living for average Americans. The govt. should be putting 100% of their $ and efforts into relieving the problem not exasberating it. Okay - I'm done.

 

[lman]

The real shame or crime (however you see it) here is that costs for daily living is up about 13% across the board over the past 3 yrs. The majority of Americans cannot absorb that increase.
The result is a national decline in the standard of living for average Americans. The govt. should be putting 100% of their $ and efforts into relieving the problem not exasberating it. Okay - I'm done.

They are printing more money to put in their pockets.

 

[CloverKnollFarms]

I’m glad we chose to go debt free in 2013… I’m just waiting for borrowers to feel pressure and give me a deal

 

[jezreel]

New “Large” Tractor Sales will begin declining when the Govt. puts the private Farmer and Rancher out of business by the misguided goal of Saving the Climate. Just look what’s happening in The Netherland. Well Documented. It’s happening NOW. And don’t think it can’t happen here.

Netherlands to buy out and close 3,000 farms to meet climate goals - Washington Examiner

The Dutch government is planning to buy out and close as many as 3,000 farms in the country, exacerbating an already-bitter dispute with growers as leaders attempt to halve the country’s nitrogen emissions by 2030. Leaders said last week they plan to allocate some $25 billion to the buyout plan...

www.washingtonexaminer.com

Hate to see the private ranchers get hosed by the 4 Major Meat Packers and Feed Lots, as well as the Farmers by the Uber-Huge farming conglomerates.

Buy Local if ya can. And, I don’t mean at the Local Walmart.

 

[ovrszd]

Buy Local if ya can. And, I don’t mean at the Local Walmart.

I'm going to the Locker this afternoon to pick up a half beef. We buy one each year from a family owned ranch 6 miles from us. The Locker is family owned and operated. Everyone involved calls us by our first names.

 

[jezreel]

I'm going to the Locker this afternoon to pick up a half beef. We buy one each year from a family owned ranch 6 miles from us. The Locker is family owned and operated. Everyone involved calls us by our first names.

If I don’t get a second deer this season, I’ll be going to Rail 19 Meats to pick up an 1/8th of a side. they have it divided into a variety of cuts, packed very nicely.

 

[ovrszd]

If I don’t get a second deer this season, I’ll be going to Rail 19 Meats to pick up an 1/8th of a side. they have it divided into a variety of cuts, packed very nicely.

We're Blessed with two Lockers within 15 miles. Both very cordial and easy to work with. I use Thomas Meats because I have for 40 years. David, the owner, is a very Spiritual man that I've known all his life. I hope him and the Locker outlive me.

 

[Cahaba Valley Farm]

The upcoming Fed 12/14-15 meeting will show whether they will continue raising rates to bring inflation down as previously announced or not. Their rate increases have slowed real estate transactions in middle Tennessee. My guess is it will take another year to see if the 2020-2022 run up in prices will reverse themselves or if we'll just have a stagnant market in which sellers ask too much and buyers can't pay what sellers are asking.

Or we'll live in an economy with higher interest rates for a while.