If you go back through Machinery Pete data, you'll find a simple truth. The data is so striking and consistent that 15 years ago he named it The Limbo Line. The line being the 10-year-old mark — a slightly older tractor in great shape with low hours.
From the war in Ukraine to evolving Chinese demand to bumper crops in South America, the trends are shifting for global grain flow. What will the future hold? That will be the topic of a panel at Top Producer Summit.
Phase Two of the Emergency Relief Program is likely to be announced in the coming weeks, according to Jim Wiesemeyer. In a farm bill year, he says there might be more opportunities to capture additional profit.