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Midsouth2
Member

Deere lays off 900-plus in ag equipment operations

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Waterlooiowa
Frequent Contributor

Re: Deere lays off 900-plus in ag equipment operations

Not a surprise.I know alot of guys that rarely buy new equipment that decided buying a tractor the last year or two was cheaper than paying a million for 80 acres more ground.Might be a couple of slow years for tractor and combine sales.

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Midsouth2
Member

Re: Deere lays off 900-plus in ag equipment operations

 

@Waterlooiowa wrote:

Not a surprise.I know alot of guys that rarely buy new equipment that decided buying a tractor the last year or two was cheaper than paying a million for 80 acres more ground.Might be a couple of slow years for tractor and combine sales.


How long it will be before we see the industry bounce back will depend on when it hits the bottom. Have we seen that yet? We haven't seen dealers go out of business yet. Is that the next phase?

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