“Another crazy year” … Seams like we have been saying this for the last few years. Who would predict over $7.00 corn, yields that vary by 100 bushel in the same field and the Twins would finish in last place in their division! Nothing seems to be consistent the last few years along with the values of machinery. One thing we do know is that the price of new equipment continues to increase each year. Used equipment has been pretty consistent in keeping good resale values except combines.
John Deere reported that dealer used combine inventories are almost double compared to last year due to increased new sales. This has created a used combine issue in where late model combines have started to pile up on dealer’s lots and the values have tumbled the last few months. Even in these great agricultural times there seems to be a crisis with dealers unloading these used machines before the next trade cycle starts for next year.
Mankato Implement has a great selection of used combines packaged together with some unbelievable financing options. Whether you are interested or not, it would be a good time to talk to one of our salesmen about trading combines and take advantage of the great deals that are out there. If not interested before harvest, then we can figure out a deal for an after season trade. Don’t let these great deals pass you by especially if you're ready to trade combines.
As most of you have heard, John Deere Company had their largest new product introduction in the history of the company. The “Main Event” was the introduction of the new “S” Series combines which feature new designed cabs, increased capacity, interim Tier 4 engines and John Deere’s monster class (9) S690 capable of harvesting up to 6500 bushel per hour! The other long waited for product is a flex draper platform which will be available to fit 60 and 70 Series combines. Another show highlight was the new 9R Series tractors that replaced the 9030 Series wheel and track models. These new tractors feature more horsepower, larger cabs, and JDLink capabilities for future uses. These are just a couple of new products introduced. John Deere will do a great job advertising all the new products in many of the farm publications in the near future.
As harvest approaches, we hope that you have had a chance to stock up on replacement parts and had a chance to look over your equipment. Take advantage of the parts specials and equipment inspections we have to offer to reduce your downtime. On behalf of all our employees at our locations we would like to thank our customers for their business and loyalty this past year. Our goal is to be your farm equipment resource and partner that you can count on and trust for your operation. Have a safe and prosperous harvest season.
Steve Kibble