From a produce, dairy & beef farmers perspective, I would think they are now starting to realize more cash flow. A gallon of milk is now $10. Fresh produce and beef are now double what they were 2 years ago. We were told this would happen as a result of diesel, fertilizer & seed prices.
I think the large scale farmers are now starting to buy newer equipment, probably to avoid paying taxes on the new income from soaring food prices.
End point is new tractors are going to be selling. My AG dealers lots are filling up for spring. Lots of Fendts out on my one dealers lot.
My hope is they trade in lots of perfectly good used tractors, balers, rakes, tedders, spreaders, etc.. Thats where I get my deals.