Though times may be tough, you might not know it while attending the Iowa Power Farming Show, which was held recently.
Take, for example, Larry Heimstra, who attended the show on behalf of farm equipment dealer Barker Implements, which is located in Knoxville, Iowa. Heimstra, whose display featured a 320-horsepower John Deere tractor, told the Des Moines Register that there is still an interest in equipment.
"You might think that farmers would be pulling back a little," Heimstra told the paper. "But I sold an auger here even before the show started, and I am working on a big tractor deal."
Bumper soybean and corn crops may have driven prices down recently, while other farmers had difficulty with their harvests due to bad weather, which delayed their ability to get their farm equipment out into their fields.
With prices down, the Association of Equipment Manufacturers said recently that sales on a number of types of tractors will continue to trend down in 2010. However, 2011 may see sales start coming back up.