Re: High fuel, I love it.

Posted by RickL on March 09, 2007 at 02:24:03 from (71.7.40.81):

In Reply to: High fuel, I love it. posted by IaGary on March 08, 2007 at 12:48:07:

evrything runs in cycles always appears to me. Yea corn is finally at a level wher it should have been years ago. But cost just come with it and farm income is same as always basicaly not much more than minumum wage with no Insurance pkg. Rents in my area now are 252 acre and 5165 was last farm sold less than 15 miles from me. Alot of land trade deals going on from Interstate road buyout pushing it up. Only two of the pieces sold have been actually bought back by so called farmers. Alot is going to investors from Florida and other states. Used machinery is coming up that helps us dealer clean up the lots some and scrap steel is now $185ton as of first of week they called us. As far as not selling farms near the cities I would sure think twice and invest it and let it make easy money rather than keep playing in the dirt for so little. The hay farming has been way better for me than when I was doing the 2000 plus acres of crops so that will continue. The reason being is less input costs and I can set my price not what the elevator gives you.
New machinery sales are down and that is always the case we have seen. The higher crops go the less you always sell it is just opposite what you would think. Still have alot of last years carry over of new stuff. But what always also happens is then the new stuff always goes up 10 to 20% and then you can sell the carry over stuff out in actually shorter time than the year before. You have to always guess two three years ahead in dealers sales business sidline. The Blue unit planters went up another 10% this season again. Have fun. It will change thou again and be alot of bankrupt going on again just like last time. I am strongly considering renting rest of my land out now even the rough stuff they think they can get rich on,let them try,not when they pay 150 plus acre for it. too.

Replies:

Add a Reply Name: E-Mail: Subject: Comments: Optional Link URL: Link Title: Optional Image URL: Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]