In the first year or two, 50-60% of all farms would be bankrupt. 90% of the big boys. Food prices would double In years three and four, all ag related products (food an such) would see a 4-500% increase in price over the initial jump at first. Half of the remaining farms would go broke, but smaller farms would make a small come back. Equipment suppliers like JD and NH would close half their plants, with what remains trying to build affordable machines. Year five, Starving masses in the cities would invade the farms and take the high priced food from the greedy farmers. JD and NH would go the way of the dinosaurs. Folks would start collecting and restoring Chinese tractors.
Basically it would make all the b1tching about gas prices look trivial.
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Today's Featured Article - Buying your first tractor: Choosing the right one - by Chris Pratt. They cost less than the tax on a new tractor (at least where we live). They have the weight to do the job. They are simple and understandable. They even have a history and can be restored to become a major source of pride and enjoyment. But how do you know what to buy and how do you make the right purchase? There is a surprising number of machines available in every shape and size imaginable. Like most things in life, your needs have a lot to do with wh
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