In the first year or two, 50-60% of all farms would be bankrupt. 90% of the big boys. Food prices would double In years three and four, all ag related products (food an such) would see a 4-500% increase in price over the initial jump at first. Half of the remaining farms would go broke, but smaller farms would make a small come back. Equipment suppliers like JD and NH would close half their plants, with what remains trying to build affordable machines. Year five, Starving masses in the cities would invade the farms and take the high priced food from the greedy farmers. JD and NH would go the way of the dinosaurs. Folks would start collecting and restoring Chinese tractors.
Basically it would make all the b1tching about gas prices look trivial.
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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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