Crackerjack, I've wondered that for years, yet somehow I keep seeing newer and bigger equipment on the fewer remaining big farms. I believe this is what is primarially keeping the few remaining ag dealerships in business, and the BTO's get treated really well - special deals on implements to go with, great lease rates, service plans, etc. As Paul said, a lot of them are just rolling loans, and as long as the money keeps flowing, it doesn't matter if the farm is making money or just breaking even.
Sort of reminds me of the I Love Lucy episode, where she goes in a store to buy an appliance (maybe it was a toaster), and the salesman ends up selling her an entire household worth, on sale no less, so she saves so much, she gets the toaster for 'free'. Ricky was not impressed.
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Today's Featured Article - A City Guy's First Tractor - by Fred Hambrecht. After living in apartments in Atlanta for more years than I care to remember, the wife and I decided to move to the country. Humming "Green Acres is the place for me..." we purchased a 29 acre tract about 60 miles south of Atlanta. Next came the house, I could talk about that ordeal for another two weeks... But, I want to talk about my tractor! We didn't even own a lawnmower, and all of a sudden we had enough grass to feed all the starving children of the bovine world. Naturally, I talked
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