This isn't new. Prices for old iron have been dropping since the 2000 or so. So has attendance at shows. I think it is the older guys are ageing out of this. And because fewer folks are farming now, fewer are into old tractors. If you look at the prices of the tractors from the 60's and 70's, they are up pretty good over the last 10 years. I don't see a lot of upside to this, there is a lot of land farmed around here, but very few farmers - local guys are farming 12K+ acres.
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Today's Featured Article - History of the Cockshutt Tractor - by Danny Bowes (Dsl). The son of a very successful Toronto and Brantford, Ontario merchant, and himself quite an entreprenuer, James G. Cockshutt opened a business called the Brantford Plow Works in 1877. In 1882, the business was incorporated to become the Cockshutt Plow Company. Along with quality built equipment, expedious demand and expansion made Cockshutt Plow Works the leader in the tillage tools sector of the farm equipment industry by the 1920's.
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