Ive heard good things about the Massey Utility style tractors , I hope you have great luck with yours. Their excavators are a Hyundai with yellow paint and a Deere engine.So they are not really Deere. Skids Ive no argument, probably farmed out as well. I will say that Deere Construction resell value is weak when compared to CAT. I seriously believe Cat- Dirt, Deere - Ag , ( Fendt is closing in on the larger markets) Tigercat -forestry Farmers will try to farm , theres an immense difference in a 1000 acre farmer and a 5-10k and over farmer. The latter is uncommon. The typical 1000 acre man cant replace with new even with full depreciation, his volume will not cover the cost vs the commodity price. I realize each farm is unique so this thinking is not 100% in stone but its quite accurate over the broader industry. There is a geographical difference in farm land characteristics as well, resulting in a huge variance in suitable crops and yields. My main point with Deere is they truly are an ag founded company, the machines (combines, cotton pickers and large tractors) that keep their market up with the tech advances are going to be hard to market with todays economy . A million dollar harvester is almost impossible to pay for as an avg farmer. Theres not an economy version. You get what they design. Huge AG can purchase annually, but they lease over owning anyway. That does not produce sale revenue only a washed down income for Deere less the repair & gen maint. I simply do not believe Deere is in as great a fwd position as they portray. Their spending on tech amplifies big ag production, while it limits or capsizes the smaller farmer. I believe Deere will announce a pull back on machine production in their next earnings . They will give up those assemblies to continue advancing tech. While 26 approaches and farmers make decisions for the 26 season. Interest rate drops may help if the new FOMC announces a big rate drop by June, it has to be significant to change the direction of manufacturing intent. Utility, lawnmowers, UTVs , and 3rd party implements are just icing on the cake in the fat times, and an economic patch in the lean times. These items focus on the 10 acre ranch owner, recreational, and homeowner , kinda like TSC only branded.

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