At the Louisville Farm Show in Feb. last year I spoke with someone who was telling me that CASE-IH was for sale for more than a couple of years, & they couldn't get a buyer. Claimed they were not making enough money on tractors. I said maybe they want to much for there tractors! Even during the past five years (Financial Crisis) John Deere raised prices at least one time about 8.5% about 3 years ago. They were boasting record sales at that time. I still say that is one reason the housing market collapsed. We went years, & years with home prices going up 5, 6% & higher at times annually while salaries continued to go up 2.5 - 3/5% percent. Now add land values to it. Farming is going to take a major hit one day coming; its unsustainable! But till it happens...
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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