A couple things are happening here the older folks are dying off or going into homes which means 1) one less buyer and 2) their tractors are forced onto the market. So it gives the market a double whammy. I think the old tractor market was over inflated anyway. The second thing is that the economy never returned to where it was before 2008. There is not as much money floating around. Being of the "younger generation" or at least the rural percentage of it. We have very different priorities. While many of us still have a connection to the land and old tractors. When a two cylinder JD at auction brings three quarters or more the price of a New Generation Deere. Quess which one we are going to buy? Its a no brainer when you can get more options for not much more. In an age when evet nickel in the budget must be accounted for. You have to consider it was the "young generation" that got hit the hardest in 2008. And many are still trying to dig their way out of that mess. It is nice to see old tractors back down to a price where you can afford to buy and work them again. Also I cant help but to think if the inflated cost of used tractors drove up sales of new ones. Especialy when easy financing is taken into account.
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Today's Featured Article - A Lifetime of David Brown Tractors - by Samuel Kennedy. I was born in 1950 and reared on my family�s 100 acre farm. It was a fairly typical Northern Ireland farm where the main enterprise was dairying but some pigs, poultry and sheep were also kept. Potatoes were grown for sale and oats were grown to be used for cattle and horse feeding. Up to about 1958 the dairy cows were fed hay with some turnips and after that grass silage was the main winter feed. That same year was the last in which flax was grown on the farm. Flax provided the fibre which w
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