Farm Tender Daily

Farm Tender Daily - All the news from Wednesday, the 28th of August, 2024.

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By Dwain Duxson

In good order - I read somewhere this week that our Machinery fleet was in the best shape ever. So what they mean by this is that never before have Farmers been equipped with a fleet of newer Machinery.

We wrote about Peak Australia yesterday. Well, if the above is true, then we are at Peak Machinery right now. Of course, it’s been on the back of some good years and the instant asset write-off scheme. And it got me thinking: If that's the case, then that will fuel the second-hand market for, say, 5-10 years ahead.

We are definitely heading down the other side of the peak right now, as many Farmers have told us they are not buying new anymore. So, this could provide an imbalance going forward. We have been saying for a while now that to fuel the used market, you need someone to buy new.

If this not-buying new situation is ongoing, then that will hurt the used market once we get through this 5-10 year period of used Gear coming onto the market from the peak. I have been talking to a couple of Contract Harvesters who have said they have always bought the biggest and best Headers but have decided that their next Header will be a mid-size one. Reason? Price, yes, but also, when they are Harvesting lesser Crops, they can't get enough capacity into the bigger Headers to do a good enough job. Does there come a point where Machinery outprices itself and is that time looming or now? Are you ditching buying new or do you think you will remain in the market for some new things? Reply to [email protected]

The Farmers Club headlines - Our 3 topics tomorrow are:
1) We forget how tough our forefathers did it and how some had to walk away from the Farm or the house.
2) Farmers are always looking at their enterprise mix. We look at how much it’s changed over the years.
3) Can you go cold turkey and switch from one enterprise to another? Some have been successful, and some haven’t.
The Farmers Club - 6 Times Weekly Sign up here for free.

Current Fertiliser Market Indicative prices: (all prices are Ex GST). Please note that these prices are current market prices, we may have access to products at much better rates. These prices are indicative for when you are being quoted for your fertiliser requirements. Urea - $680.00 (-$10) (All Ports) MAP - $1065.00 (Geelong, Portland, Newcastle, Brisbane, Adelaide) (+$5) DAP - $1,080.00 (Geelong, Portland, Newcastle, Brisbane and Adelaide) (+$5), SSP - $639.00 (Brisbane) (NC), $430.00 (Newcastle, Geelong, Portland) (NC), $450.00 (Adelaide) (NC) MoP - $690.00 (All Ports) (NC), SoP - $1,230.00 (Brisbane, Geelong & Adelaide) (NC), $1,270.00 (Newcastle) (NC), $1,240.00 (Portland) (NC), Gran-Am $450.00 (all ports) (NC). Granulock Z Back in stock all ports!! $1,170.00 (Brisbane, Newcastle), $1,150 (Geelong, Portland), $1,160.00 (Adelaide). Please note: All ports include the following locations: Geelong, Portland, Adelaide, Brisbane, and Newcastle. Ring Ellen on 0418 137 224 for any Fertiliser requirements

Today's Trends - Sales trends included Headers, Wheat Straw, Augers, Chaser Bins, Sheep Handlers, Cattle Trailers, Oaten Straw, Oaten Hay, Sheep Loading Rams, Cultivators, Air Reel, Feed Wheat, Vetch Hay, and Cattle Scales.

End of message

Dwain Duxson
P - 0427 011 900
E - [email protected] 

What was listed today.

What was sold today.