No 442 - Friday's Club Notes

The “Club Notes” for Friday, the 21st of February, 2025.

By Dwain Duxson - An Ag Enthusiast

Shifting sands

Over at our Farm Tender business, we are observing something different: a new trend is emerging. The new trend is that Farmers who formerly bought new are now buying used. These Farmers have been busily upgrading their Machinery infrastructure when money was cheaper, new Machinery prices were less and there were tax incentives attached. It was a good time to buy new. Now money is more expensive. Machinery prices have jumped big time, and the incentives have lessened dramatically. Farmers haven’t lost their penchant for upgrading; they are just doing it in a different way. In the last 4 weeks, we have seen a mini Machinery buying boom. And it’s so different to the more prolonged one we experienced a few years back, one where things were scarce, the buying appetite with insatiable and priced were inflated. It’s all the opposite; it’s a much calmer market, prices are about where they should be, and negotiations are happening. Where does that leave the new Gear? I know Dealers were worried about the big auction happening in WA about now, but I don’t think it will have a great effect; I could be wrong. But I maintain that we need new buyers for us to have a stong used market. The used market could sustain itself for 3 to 5 years before the fleet started to age a bit. There would come a point where Farmers would have to start buying new again. Perhaps change might be forced upon the manufacturers if we get 2 or 3 negative growth years in a row. Are you a former new buyer that’s now buying used? Reply to [email protected] or 0427 011 900

**2 tickets until 3 pm today - Next members draw

• We are giving away a $2500 Luxury Escape voucher plus $2500 in spending money to use how you like. $5000 in total.

• To be drawn on the Friday the 28th of February at 3 pm EDST.

• Here’s the deal. Sign up before the 21st of Feb at 3 pm, and you will get 2 tickets in the draw. From then on until draw time, it will be 1 ticket.

• Note: All existing subscribers get 2 tickets in the draw.

• Remember: It’s 30 days free, so you can be in and out and still be in the draw

What’s in the paid section today:

Story 2 - We’re climbing silos again……

Story 3 - Do you reckon the Sheep and Lambs Processors are concerned?…..

Number of articles and images - 93 small licks of Farming news and information, including 23 funnies and 10 controversial just sayings.

Number of Farmer replies - 5 absolute rippers today

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