For smaller operations like mine, those older tractors are already valuable. I run Massey's from the 70's and 80's that I can fix on my own as long as I can find parts.
For large operations (and the way the entire ag economy is moving is large operations) this doesn't matter. They lease their machinery anyway, so what does it matter if they can't work on them? JD will come to the field to fix it if it breaks down. It's a cost savings for them.
This is just another nail in the coffin of rural america/family farms.
And before the next person tells me 'most farms are family farms', I need your citations, and I want to see it broken down by family owned corporations v actual family farms.
For large operations (and the way the entire ag economy is moving is large operations) this doesn't matter. They lease their machinery anyway, so what does it matter if they can't work on them? JD will come to the field to fix it if it breaks down. It's a cost savings for them.
This is just another nail in the coffin of rural america/family farms.
And before the next person tells me 'most farms are family farms', I need your citations, and I want to see it broken down by family owned corporations v actual family farms.