New Tractor Sales Are Declining

[Cahaba Valley Farm]

My dealer has been having an ongoing issue with getting front end loaders and backhoes too. He's got a number of sold units waiting to both. Kubota says they are ramping up production of them but he hasn't seen it or so he tells me.

What do you think is causing this? Can't get the steel or tubing they need to make them?

 

[scootr]

When I went to the Kubota dealer in late July they had inventory big and small but they had only one smallish used tractor. Called another K dealer and they said the same. I bought a barely used garage kept MX5200 8 miles from the house. Private deal. Got lucky. Even a blind squirrel finds a nut once in awhile.
The new prices were high and the used stuff was flying off the lot. Much of it was sold before it arrived.

 

[Cahaba Valley Farm]

When I went to the Kubota dealer in late July they had inventory big and small but they had only one smallish used tractor. Called another K dealer and they said the same. I bought a barely used garage kept MX5200 8 miles from the house. Private deal. Got lucky. Even a blind squirrel finds a nut once in awhile.
The new prices were high and the used stuff was flying off the lot. Much of it was sold before it arrived.

It's probably because the residents of CA are trying to buy everything they can with a combustion engine before your kooky governor forces everything to go electric.

 

[ArlyA]

What do you think is causing this? Can't get the steel or tubing they need to make them?

We have a close connection to the steel industry. I'm unsure where Kubota would be getting this tubing from but the steel industry in general, is not operating at there max today. Steel is very much a specialized industry.

 

[hiddentacocatneddih]

We have a close connection to the steel industry. I'm unsure where Kubota would be getting this tubing from but the steel industry in general, is not operating at there max today. Steel is very much a specialized industry.

I bet if they opened their wallets, they would get some.

 

[5030]

What do you think is causing this? Can't get the steel or tubing they need to make them?

Don't know actually. I'd say supply chain economics are still in play.

 

[ovrszd]

Don't know actually. I'd say supply chain economics are still in play.

It "kinda" makes sense to me.

If there are product or production shortages you have to prioritize.

You can't sell an FEL or backhoe if you don't have a tractor to put it on.

So use limited production to make the base product. Then make attachments as you can.

 

[Torvy]

I find it strange that the other brands seem to have loaders, despite what Mr. Messick says.

I suppose the pro-Kubota view would be their parts are better quality and just cannot be built quickly. Maybe that they sell so many more that they cannot keep up.

The con-Kubota argument is that they failed to plan or maybe they prioritized commercial versus consumer equipment.

 

[CloverKnollFarms]

I see no shortage of loaders on ANY other lot

 

[scootr]

It's probably because the residents of CA are trying to buy everything they can with a combustion engine before your kooky governor forces everything to go electric.

I heard your president say there will be no more drilling. Period. Today

 

[Cahaba Valley Farm]

I heard your president say there will be no more drilling. Period. Today

He's not my president.

 

[5030]

I heard your president say there will be no more drilling. Period. Today

So did I or was I having a 'Malox Moment?

 

[2manyrocks]

No more coal fired electric plants, either.

When recently asked what the plan was to respond to the potential shortage of diesel fuel, all the VP could say was that a lot of students and drivers rode on diesel school buses that were exposed to toxic fumes.

I am more worried about my exposure to toxic stupidity.

 

[scootr]

He's not my president.

The majority of presidents in my lifetime did not get my vote. The important thing is is that I have been casting my vote for over half a century. Its about time rural America woke up and did the same. 40% voter turn out for midterms and 60% for presidential is apathetic at best. We've seen what happens when we let metropolitain America choose our leaders. Please get out and vote today.

 

[5030]

No more coal fired electric plants, either.

When recently asked what the plan was to respond to the potential shortage of diesel fuel, all the VP could say was that a lot of students and drivers rode on diesel school buses that were exposed to toxic fumes.

I am more worried about my exposure to toxic stupidity.

There seems to be an abundance of that today and on here as well...

 

[MinnesotaEric]

Could be, or it could be a result of the supply chain just catching up. For many years dealers kept full lots of inventory.

Except the velocity of retail has been slowing, especially in the EU as Amazon has noted and we are in a technical recession. The facts don't support "catching up" except, yes, everybody except Apple has caught up because production overtook demand.

"More than 322,000 [layoffs] were announced by U.S.-based companies in 2021 and another 133,000 [layoff] in the first half of 2022, according to Challenger, Gray & Christmas."

 

[jyoutz]

Except the velocity of retail has been slowing, especially in the EU as Amazon has noted and we are in a technical recession. The facts don't support "catching up" except, yes, everybody except Apple has caught up because production overtook demand.

"More than 322,000 [layoffs] were announced by U.S.-based companies in 2021 and another 133,000 [layoff] in the first half of 2022, according to Challenger, Gray & Christmas."

Yep, there have been both layoffs and new jobs created over the past few years. Unemployment is still very low and there is still a lot of hiring and job vacancies in most fields. Home construction being one where there is less demand due to interest rates. But dealers like to keep product, and machines and attachments have been on back order for a year or more and are now being delivered. Our local dealer has just recently restocked his product line due to receiving back orders. Besides, the purchase of tractors is skewed towards an older age demographic that isn’t as much affected by layoffs.

 

[sd455dan]

I heard your president say there will be no more drilling. Period. Today

Looks like the private sector is working on it.
Or maybe just getting as much drilling done as they can While they can.



Oil Rig count has been increasing for all of 2022 in the US


US Oil Rig Count is at a current level of 613.00, up from 610.00 last week and up from 444.00 one year ago. This is a change of 38.06% from one year ago
Hopefully this will translate eventually into lower fuel prices

 

[rScotty]

Looks like the private sector is working on it.
Or maybe just getting as much drilling done as they can While they can.



Oil Rig count has been increasing for all of 2022 in the US


US Oil Rig Count is at a current level of 613.00, up from 610.00 last week and up from 444.00 one year ago. This is a change of 38.06% from one year ago
Hopefully this will translate eventually into lower fuel prices

Right, so is Rig Count UP? or is it DOWN?

In every instance it seems that one group of reporters says one thing while another slants it differently.

How can voters to make intelligent decisions when faced with slanted, biased news reporting?

And how to tell one from another?

 

[Cahaba Valley Farm]

How can voters to make intelligent decisions when faced with slanted, biased news reporting?

And how to tell one from another?

By having boots on the ground and talking to trusted sources. The media is completely irresponsible. Journalism is dead replaced by propaganda, manipulation and advertising.