New Tractor Sales Are Declining

[K5lwq]

What kind of milk are you buying for $10 a gallon?

 

[5030]

Yep, lightly used and well maintained unlike abused and poorly maintained smaller units. Farmers tend to take care of equipment because they look at the trade in value. Kimd f waiting for the seed producer down the road to get his first 'electric' JD utility tractor. That should be a real hoot.

 

[5030]

What kind of milk are you buying for $10 a gallon?

The milk you'll be buying in this upcoming year. Simple answer.

 

[Hay Dude]

What kind of milk are you buying for $10 a gallon?

I’m personally not paying that, but some are. It’ll get there. Trust me.
I am part of a farming community and the ones I know still in dairy are starting to see some really high mailbox prices on their milk.
That means $10 gallon milk is coming.

 

[K5lwq]

The milk you'll be buying in this upcoming year. Simple answer.

The key word you missed is “now”? I paid $2.99 Yesterday for a gallon of whole. I can buy fresh Guernsey milk for $5.

 

[K5lwq]

I’m personally not paying that, but some are. It’ll get there. Trust me.
I am part of a farming community and the ones I know still in dairy are starting to see some really high mailbox prices on their milk.
That means $10 gallon milk is coming.

That make more sense. Not doubting the predictions the now part confused me.

 

[PreacherM]

I'd much rather pay $10 for milk than gas.

 

[5030]

The key word you missed is “now”? I paid $2.99 Yesterday for a gallon of whole. I can buy fresh Guernsey milk for $5.

Not at all. Now don't count. Future does. Being lactose intolerant, I don't consume it anyway.

 

[5030]

I'd much rather pay $10 for milk than gas.

That is coming too. Be patient.

 

[Hay Dude]

That make more sense. Not doubting the predictions the now part confused me.

City folks are paying in the high singles. Look at the overall prices you are paying for fresh food.
Also look at how we have switched from fresh food coming from California and Florida now coming from Mexico. That is helping to combat higher prices, too.

Overall point is that farmers are now seeing the higher prices convert to higher gross profits and buying tractors will once again become strong as the supply chains catch up.