Of course, those fert and seed companies can talk bold to their investors, just as the BTO farmers can with their $14,000 an acre land and 'this time its different' but reality will catch the fert and seed dealers just as it will catch the farmers. Just as it did 'last time'.
The ones really in trouble are the machinery makers and dealers, a poll on another forum all the farmers said they could double in size without much trouble or added equipment. With all the new iron sold in the past 3 years, if things break/ when things break, ain't no one gonna be buying new equipment for several years, it will just be dead.
I know Case and JD are setting up the mega- dealers in a hurry to try to get too big to fail, so they can quickly drop down to a dealer or 3 per state, but still, its gonna hit them -hard-. We won't recognize farm dealerships after that, will be a total different game.
Seed and fert you need every year more or less, only matter is to come to a price. Machinery is a different game right now. Folks are way over bought.
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Today's Featured Article - An AC Model M Crawler - by Anthony West. Neil Atkins is a man in his late thirties, a mild and patient character who talks fondly of his farming heritage. He farms around a hundred and fifty acres of arable land, in a village called Southam, located just outside Leamington Spa in Warwickshire. The soil is a rich dark brown and is well looked after. unlike some areas in the midlands it is also fairly flat, broken only by hedgerows and the occasional valley and brook. A copse of wildbreaking silver birch and oak trees surround the top si
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