ELD mandate

[Volvo8873]

(02-04-2018 )Rawze Wrote:  

(09-09-2017 )Magard Wrote:  I know this isn't a farming sight but in the interest learning. I think a major factor is the food people want to eat can't be grown in the mid west
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I could not agree more on this!. We farm 700 acres here in western wisconsin although we are now getting out of it this year as it more cost effective to rent out.

What I truly don't understand is the need for new machinery all the time. I know people who farm 400 acres and have a 120000$ dollar corn planter and 300000$ combine. Maybe with 20,000 acres but not 400, Its a far cry from our $4000 planter and $20,000 combine. Seems like people have to trade in their new machinery in every other year and the used machinery market shows it. More and more grain is being planted every year and the price of grain keeps going down and down.

The dairy market is even worse! These mega farms have now choice but to keep getting bigger and bigger. The banks are in so deep with these guys they have no choice but to lend money so they can save their own azzes. Just makes me wonder when the farming bubble is going to burst if not blow up like a nuclear warhead.