Deere borrows billions of dollars at very low interest rates to finance sales of their equipment. Usually at very attractive rates to buyers. How long have they been doing this? I don't know . But, I do know that our next door neighbor needed a new tractor in 1936. His old Fordson was all worn out. After being turned down for a loan by the Bank, he went to the Deere dealer and explained his situation. He and the dealer determined he needed an A. Dealer suggested a JD 2-14 plow to go with it. All the dealer needed for a down payment was the old Fordson with it's Oliver 2-12 plow. Deal done. Neighbor paid for that tractor and plow and, as near as I can remember, 4 more John Deere tractors, several plows, mowers, planters, Van Brunt drill, JD combine, balers, choppers, and many other pieces of equipment. All John Deere from that same dealer. And it all started because he needed a loan for that first tractor and plow.
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Today's Featured Article - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want … unless you own a monster tractor. U
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