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>There will be tractors out there still working that are 75 years old and just keep getting repaired.

This is a massive over-generalization.

Those tractors are not being used to farm low margin commodities (which are the people most new tractors are sold to). You can't operate a soy/corn/whatever farm without equipment that has a $/results number similar to everyone else in your market (who are also trying to reduce costs). There's a reason you don't see a lot of combines from the 70s still in operation whereas skidders basically never get replaced until they're broken in half.

I know it's handwavy but basically every aspect of running a farm converts to money at the end of the day and depending the specifics of what you farm and where you farm it determine whether you have to keep up with the joneses or can run older equipment.



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