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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (70563)	6/28/2022 11:37:02 AM
From: robert b furman	2 Recommendations Recommended By bruwin gizwick Respond to of 78956

Hi Elroy, Deere will be the solution for some of the input costs. Satellite data downloaded to the tractor, coupled with the fertilizer only being buried in the soil where needed are now a reality. The combinations are only justifiable for the biggest of operations and large fields. The speed at which tractors pull equipment during harvesting is amazing. John Deere tractors can cut a wide swath of alfalfa. The tractors chop and blow the alfalfa into a tractor trailer combination that drives along side the haybine. Both roll through the field at 15 mph! Lines of tractor trailers can harvest an 80 acre field in 45 minutes. That efficiency helps keep input costs down. Utilization of the equipment is a key as well. Tractor trailer combinations can be owned by a different owner and the tractor is owned by the farmer. Fleets of independent combine owners were gravitating to Kansas last week as the wheat crop is soon ready for harvest. The US crop (wheat, soy beans, and corn) all look exceptional to me. Bob