Monday, August 18, 2014

♫ OH, WHAT DO YA DO WITH A DRUNKEN SAILOR? ♫

♫ shave his belly with a rusty razor! ♫


Looks like the binge-buying of agricultural equipment is coming to an end at last...

...as ag commodity prices continue to tank.

6 comments:

  1. If John Deere had been smart it would have got into turbines and licked some Liberal arses. As for beans and corn, we obviously need immediate construction of subsidized production facilities that that can turn stalks and straw into energy-negative subsidized ethanol.

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    1. Indeed. It's becoming very difficult to find an industry that can function these days without some form of regulatory manipulation or taxpayer-funded intervention.

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  2. Just as Caterpillar industrial equipment sales, are a harbinger of how things are in the construction industry, these 600 John Deere lay offs forbode what is about to come to pass in agriculture.
    It seems the hard lessons of the 1980's and the financial crisis in agriculture then have long been forgotten by alot of people....must be gonna be different this time.....beware.

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  3. Not JD! Say it aint so.....

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    Replies
    1. What's bad for Moline is good for Mumbai and Ningbo.

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  4. And at the customer end, some of the fancy stuff already purchased will be going back when the semi-annual payment comes due. Not to mention mortgage payments, overbuilt storage facilities,...etc....etc...

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