At the Louisville Farm Show in Feb. last year I spoke with someone who was telling me that CASE-IH was for sale for more than a couple of years, & they couldn't get a buyer. Claimed they were not making enough money on tractors. I said maybe they want to much for there tractors! Even during the past five years (Financial Crisis) John Deere raised prices at least one time about 8.5% about 3 years ago. They were boasting record sales at that time. I still say that is one reason the housing market collapsed. We went years, & years with home prices going up 5, 6% & higher at times annually while salaries continued to go up 2.5 - 3/5% percent. Now add land values to it. Farming is going to take a major hit one day coming; its unsustainable! But till it happens...
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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