Crackerjack, I've wondered that for years, yet somehow I keep seeing newer and bigger equipment on the fewer remaining big farms. I believe this is what is primarially keeping the few remaining ag dealerships in business, and the BTO's get treated really well - special deals on implements to go with, great lease rates, service plans, etc. As Paul said, a lot of them are just rolling loans, and as long as the money keeps flowing, it doesn't matter if the farm is making money or just breaking even.
Sort of reminds me of the I Love Lucy episode, where she goes in a store to buy an appliance (maybe it was a toaster), and the salesman ends up selling her an entire household worth, on sale no less, so she saves so much, she gets the toaster for 'free'. Ricky was not impressed.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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