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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: rdkflorida2 who wrote (200919)	10/28/2024 11:52:03 AM
From: sandeep	2 Recommendations Recommended By longz rayrohn Respond to of 206719

“I am often early, rarely wrong” is the futurist motto!

To: rdkflorida2 who wrote (200919)	10/28/2024 5:58:50 PM
From: berniel	1 Recommendation Recommended By roguedolphin Read Replies (1) \| Respond to of 206719

To: rdkflorida2 who wrote (200919)	10/30/2024 8:15:00 PM
From: WEagle	2 Recommendations Recommended By longz toccodolce Read Replies (1) \| Respond to of 206719

rdk, I am of the opinion that Bob is right, at least for the rest of this decade, concerning the diesel vs. battery suitability for the big farm equipment. I grew up in the country. I have relatives that farm 5000 acres. I have known farm operations that farm even larger spreads. I've seen things like the cotton fields of the Mississippi delta where rows of cotton might be approaching a mile long -- and the peanut fields of SE Alabama and SW Georgia where at planting time and harvest time the machines run from before daylight until into the evening. The equipment is huge and in the cases of plowing the ground, the resistance to the movement is part of that power consumption. I can't even imagine the size of battery packs it would take to power those machines. And what a draw on the batteries. Also, large battery packs would add more weight to those big machines. I seriously doubt switching out those scaled up battery packs is reasonable for now. And don't talk about having more but smaller tractors and other equipment. Every additional piece of equipment to be run at the same time means another worker/employee. That would add significant cost as well. To keep food prices down to what the public expects and keeping the prices competitive for exports, farmers have to think big. The day of the "small" family farm is mostly gone in terms of making a living from farming. The thing that made America an industrial juggernaut is the continual decrease in the required number of farmers that were needed to feed the people of this country as well as a significant portion of the world. That means big operations and big equipment -- and the energy to run the equipment. And I haven't even touched on much of the other agricultural production where big machines are needed. WEagle