My scale says I weigh 260. I know that’s way off, but I still step on once a month to see if I’m still 260. If it goes up or down, I pay attention.
It’s not accurate, but it’s consistent.
Yield estimates are similar. I don’t think they’re accurate. How could anyone estimate the yield of 90+ million acres?
But if they are using consistent methods from year to year or month to month, then comparing the latest estimate versus last month or last year does tell me something about the crop size.
USDA, StoneX, Allendale, DTN, ProFarmer. Who’s right? Who cares? Tell me how each of their estimates compare to prior estimates.
Accurate? No. Useful? Sure.
Tractor and combine prices are up 25-40% over the last 4 years.
Nationally, we are in our 4th consecutive year of declining margins on the American farm.
Naturally, combine and tractor sales are down, as farmers try to figure out how to stay afloat.
I like technology and comfort in a machine, but sometimes it feels like there are electronic bells and whistles and sensors that are adding more cost (and more headaches) than value to the farmer.
It's like they are in a race to make the most incredible, most advanced, most expensive machine possible, even though we didn't ask for a lot of what they are including.
It seems to me like there may be an opening in the market for an equipment manufacturer who wants to make a more basic machine that is dependable and gets the job done with fewer bells and whistles and a lower price.
Not sure who that would be, maybe Massey Ferguson, Kubota, or Versatile?
Would you switch to a different color tractor with less technology if it got the job done for $100k less?
400+ farmers show up to a meeting in Arkansas to tell their government representatives that things aren't working as is, and that bailouts are not a long-term solution.
https://t.co/l5fQI7K91Y
Just in time for harvest, Ag AI has released its latest product that will automatically yell at the cart driver when the combine is nearly full or when the cart is too far ahead or too far back or too close or has its flashers on still even though you’ve been in the field for an hour.
I rented my first field at 9-months-old, a 28-acre piece near the river that nobody wanted.
I kept picking up new fields here and there until I had 1000 acres at age 2.
That’s when I bought my first Class 10 combine, brand new with tracks.