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Agri-Service Newsletter: May - June ‘09
Well, the crops are growing, and it ended up being a pretty good water year in most of the area. Prices have dropped from the record 2008 levels, but they look like what we got in the prior couple of years, which wasn’t too bad. Overall, I think with all of the financial problems in the world, we’re lucky to be in the agricultural business. Dairy farmers need prices to improve, and we’re hopeful for them.
The sales year has started out good for us. We took in some late model trade-ins, specifically MF2100 series big balers and 9000 series self propelled windrowers. People who couldn’t rationalize the new price are jumping on the opportunity to get these 1-2 year old trade-ins.
The 6.9% interest rate helps. With the government spending so much to try and fix the economy, there’s is a strong possibility that Section 179 (accelerated depreciation) won’t be there in 2010, so it may be a good time to buy equipment, in this tax year!
Thanks for the turnout at our open houses and baler schools. We had record attendance at each location. We like to think it was because the food and the school’s were so good, and not just that a “free meal” appealed to a lot of people. Baler operators enjoyed the new film on the knotters. This exceptional DVD will be available to our customers within the next few months. Ask for it at our parts departments.
You can see all of our used equipment at agri-service.com and while you are there make sure you are signed up for agcopartsbooks.com so you can look up your own parts and check availability right from your home computer. We’re the first dealership in the nation to have the whole package available to our customers. It’s easy to use…try it out!
The area hardest hit by our business with the economic crisis has been small compact tractor sales, because they follow the real estate market. Both Kubota and Massey Ferguson have responded with great programming and interest rates as low as 0% for 72 months! We’ve got a great supply of these small workhorses…check them out!
We still haven’t seen our first new MF8600 series tractor, but we should be getting it any day. We will have a very extensive field demo program on this great tractor, and we are determined to prove to you that there is a super tractor available to you now with (1) a lower purchase price (2) better fuel economy and (3) superior features, including a clutchless transmission and the biggest, quietest cab in the world. Thanks for the hay business, but we want to be your tractor dealership, too.
Let’s all have a great 2009!
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