Reply
Honored Advisor
Posts: 15,051
Registered: ‎05-13-2010

Can machinery be affordable with a $3 corn norm?

#breakfastwithbill touched on that a little about with a lower plateau on grain prices, can John Deere make combines and sell them for $100,000?  Because with the current prices, I don`t see how a $500,000 combine could harvest enough $3 corn to pay for it.  So, either corn has got to add a good buck in here somewhere or this new machinery prices are unsustainable.

 

Our inputs fertilizer, chemicals and seed (begrudgeonly) can go lower with <$30 oil, but so much of machinery is technology expense...I guess one way of looking at it, is "can you afford to plant straight rows if corn is sub $3"?   I guess in Brazil China Russia they have "no frills" machinery, , unless grain prices turn around perhaps Deere will have to go back to making open station 4020`s?  You know, I`ll bet they would sell pretty good if they did.

Subject Author Kudos Posted
This is a popular topic with new unread messages 1 ‎02-22-2016 08:39 AM
0 ‎02-28-2016 01:16 PM
0 ‎02-28-2016 05:52 PM
0 ‎02-29-2016 10:10 AM
0 ‎02-29-2016 11:01 AM
0 ‎02-29-2016 10:25 AM
0 ‎02-23-2016 11:40 AM
0 ‎02-23-2016 01:05 PM
0 ‎02-23-2016 03:04 PM
0 ‎02-23-2016 10:01 AM
0 ‎02-23-2016 12:52 PM
0 ‎03-07-2016 03:52 PM
0 ‎02-23-2016 08:11 AM
0 ‎02-23-2016 08:35 AM
0 ‎02-23-2016 08:34 AM
0 ‎02-23-2016 09:46 AM
0 ‎02-23-2016 03:35 PM
0 ‎02-23-2016 06:13 PM
0 ‎03-05-2016 12:58 PM
0 ‎03-06-2016 11:38 AM
0 ‎02-23-2016 08:19 PM