Glad I Purchased My Tractor Last Year

[5030]

Not that many considering it's a national list. Nary a one near me.

I'm subscribed to their weekly print editions. 225 pages of tractors with about 30 on a page. I'd say that is quite a few myself.

 

[Hay Dude]

Considering how inputs are spiking (examples: seed corn is over 400 bucks a bag, up from 325 last spring, 46 granulated urea is up over 35% a bag more than last year, herbicides like 24DB are up 30%, fuel is up at least 30% (off road diesel), gonna be a ton of late model used equipment up for sale because farmers are gonna go **** up this coming year. Bank on it. Farmers today are leveraged out as it is. Not going to take much to push a lot of them over the edge into bankruptcy.

Just look at the sheer numbers of late model tractors and implements for sale on Tractor House and Auction Time.

Not talking about hobby tractors, I'm talking about ag tractors and tillage equipment.

Myself, again, I don't like buying a pig in a poke used, I prefer new but I don't have the key to Fort Knox either. New ag tractors are priced beyond my means today.

You are considered a hobby farmer.
Theres no way the amount of crop your producing could possibly support any, either.

 

[jyoutz]

You are considered a hobby farmer.
Theres no way the amount of crop your producing could possibly support any, either.

Anyone who derives income from farming is not a hobby farmer; more like a part time farmer if they have another job. A hobby is not something that you do for income.

 

[Hay Dude]

Anyone who derives income from farming is not a hobby farmer; more like a part time farmer if they have another job. A hobby is not something that you do for income.

in the past, he always presented himself as someone who retired and is farming for pleasure.

 

[5030]

I do most times. I certainly am not financially dependent on farm income. In fact, so long as it runs on the plus side of the ledger, I'm good with that. My income is comes from other sources and always has.

What that is, is really none of your business in the first place. Lets just say I've managed my finances very carefully over the years and continue to do so.

I always get a chuckle out of your long list of equipment owned or financed. Don't need or want all the stuff to have to maintain in the first place and in my case, my 80 acres does quite well in supporting the farm, which happens to be an LLC btw. Least I don't run mulch hay for a mushroom grower. My hay gets fed to real cattle and bucking bulls. 100%.

 

[5030]

I guess having an equipment list on here as long as a page makes you feel important or something. Myself, I don't need or want that either. For me, it's suffice to list 2 tractors and a side by side and I may at some point remove that as well.

 

[Hay Dude]

I guess having an equipment list on here as long as a page makes you feel important or something. Myself, I don't need or want that either. For me, it's suffice to list 2 tractors and a side by side and I may at some point remove that as well.

I leave it up because I can tell how much it bugs you.
You don’t know anything about me or my business except what I’ve decided to share with you.
I don’t put people down for having a “payment book”, owning a truck other than Ford or a tractor other than Kubota, either.
Part time hobby haying is relaxing. It’s people who do that then try to act like they’re a working class hero and steal valor from real farmers is pathetic.
REAL full time hay farming and trying to support the family and send kids to college on it is hard. It takes a lot of tonnage, quality, customers and off farm income.

 

[LFP57]

I ordered a Massey Ferguson 2 months ago and locked in my price. It might be here this month, or it might be here in 4 months. I'm terrified that when it gets here, they will tell me that it's going to be more money. I have a signed contract, but I honestly don't know what recourse I have if they change the price. I'll walk away from it, and they will sell it to somebody else at the higher price. The wait is making me nervous.

I had the same concern, I ordered my tractor in April, didn't get it until august. The dealership told me because I ordered it in April, they had to honor that price and August 1st is when the prices went up.

 

[dave9876]

Here in NE Ohio tractors are up 5% and loaders 9%. Similar to what others have said.

 

[wmfamily]

I just checked the current pricing on the same tractor I purchased early last year, WOW, the base price went up over $3k, to order the tractor now with all of the same options would have cost me about $4k more!! Seriously doubt that the prices will ever go back down to any thing near where they were.

We bought out JD 4066M at the start of this mess and got a very good deal on a "used" one that only had 39 hours on it (the previous owner only had it a month or so and traded for a cab 4066R). The same tractor now is considerably higher if you can find one, used or new, but the dealers look to be getting more stock now in my area. The last drive about didn't look as good for Kubotas but that has been over a month ago.