sd455dan
Super Member
- Joined
- Oct 23, 2012
- Messages
- 5,267
- Location
- North Idaho
- Tractor
- Rhino 554, Ford 550 TLB (JD X500, MTD, Gilson riding mowers) Ford 3000-Sold
YES.Anyone seeing this at an increasing rate?
CL ads everywhere around here with farmers selling out/retiring, etc.
Seems like this sunami of high input prices (fuel, fertilizer, et al) may be the final nail?
Talked to a buddy last week running 1600 acres of hay in a neighboring state and he said “I’m done”
He has already sold his Magnums and self propelleds
My sister has been buying from the same large hay farmer for a couple decades. She said in his case it was 2/3rds being fed up and the other 1/3 wanting to retire.
The only happy thing was the used equipment sale as he recouped over 50% more on his equipment than he thought he would.
ps.
2 years ago the area had a bumper crop. Last year yields were off by almost 40%. We bought from the same growers and they had to increase the square bale price accordingly. We immediately agreed to the price increase. Several people that waited. till late fall had problems even finding hay around here.
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