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 - Little "M" - by Donnie Anderson. They call me "Little M" and this is my story. For the past several years I have sat against the tree-line, where my parts have rusted and rotted away. For all of these years I have wondered just exactly what happens to old tractors? Times were not always like this. I can remember back to 1948 when I was a brand new John Deere Model M. A man and his wife came to the dealer and looked me over real good. After many talks with the salesman a deal was struck and I, along with a M2 plow, c
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