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Supplies tighten as equipment sales increase


Grant Thompson
“It’s a risk if you aren’t able to properly inspect a piece of equipment and get a good sense of how it runs,” says Kyle Stackhouse.
Pandemic forces more farm machinery shopping to go online.
The prices so many farmers have been patiently waiting for have finally arrived. Soybeans are back in the teens, corn is near $5 per bushel, and wheat has eclipsed the $6 benchmark.
With better-than-expected profits in hand, some hard decisions must be made. Paying down debt is still the most pragmatic choice, but farm equipment upgrades may be long overdue.
Indiana grain farmer Kyle Stackhouse has been shopping for upgrades, but he’s seen a supply pinch in some instances especially with late-model equipment. ....

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