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Re:U.S. Farmers Are Being Bled by the Tractor Monopoly by lazyjones on Monday May 13, 2019 @12:55PM (#19901201)
They would just switch to e.g. CNH tractors. I don't see the problem.
Re:U.S. Farmers Are Being Bled by the Tractor Monopoly by bduerst on Monday May 13, 2019 @01:27PM (#19901532)
Yeah, this is kind of faux outrage. John Deere doesn't even have near the monopoly that GP is eluding to.

https://en.wikipedia.org/wiki/Category:Tractor_manufacturers...

https://en.wikipedia.org/wiki/List_of_tractor_manufacturers

Re:U.S. Farmers Are Being Bled by the Tractor Monopoly by vajrabum on Monday May 13, 2019 @02:58PM (#19902648)
JD has a monopoly on repairing John Deere tractors and their electronics.
Re:U.S. Farmers Are Being Bled by the Tractor Monopoly by bduerst on Monday May 13, 2019 @04:41PM (#19903721)
And JD does _not_ have a monopoly on the tractor market as GP was claiming in their nightmare hypothetical.

These are two different things.

Re:U.S. Farmers Are Being Bled by the Tractor Monopoly by jameshe on Monday May 13, 2019 @01:30PM (#19901563)
The issue would be in transitioning to any alternative. Equipment is super expensive - and tractors are wayyy expensive, especially if you're a small-scale farmer with only two or three of them. Plus, if your equipment quits working, farmers would have a hard time selling beyond salvage value and would have no way to make more money (aside from existing inventory) to buy new equipment.
Re:U.S. Farmers Are Being Bled by the Tractor Monopoly by newnewpdro on Monday May 13, 2019 @01:42PM (#19901696)
> would have no way to make more money (aside from existing inventory) to buy new equipment.

It seems likely to me a bank would be thrilled to loan money to a consistently profitable farmer whose machines just shut themselves off because Reasons and need replacing ASAP.

Re:U.S. Farmers Are Being Bled by the Tractor Monopoly by jameshe on Monday May 13, 2019 @02:15PM (#19902097)
Very true. Certainly, this can be the case, but even small farms have overhead where a loan can create instability.

I don't want to make the mistake of assuming farmers can't manage their finances, they certainly can. But on the farmer's end, there's lots of variables that can be in play, adding unexpected debt can only increase that.

On the bank's side, if "widespread tractor failure" is a real event, banks would be issuing potential risky loans in the millions to farms, businesses, and people. Though yes, if it was a local credit union, dealing with just a couple clients, it might be a risk worth taking. Maybe it'd help out some small local banks as well as small farmers - but whether that's scalable could be a challenging business question.

Re:U.S. Farmers Are Being Bled by the Tractor Monopoly by newnewpdro on Monday May 13, 2019 @04:24PM (#19903562)
It sounds like something insurance should be addressing. If insurers covered such industry-wide machinery failures in a DRM-ridden automated world, they would be incentivized to fight on the farmer's behalf in preventing the outcome.
Re:U.S. Farmers Are Being Bled by the Tractor Monopoly by pnutjam on Monday May 13, 2019 @04:13PM (#19903452)
Pro-tip: "there's lots of variables that can be in play, adding unexpected debt can only increase that." -- this explains everyone's finances, at least those of us that work for a living.
Re:U.S. Farmers Are Being Bled by the Tractor Monopoly by imtringued on Monday May 13, 2019 @04:11PM (#19903437)
The problem isn't really that the tractor breaks down and becomes scrap metal. The problem is that if the tractor breaks down during harvest, you will lose a lot of produce during the week or two it takes to repair the tractor. A better solution would probably be to force JD to provide farmers with a replacement tractor within 24 hours for free until the broken tractor has been fixed.
Re:U.S. Farmers Are Being Bled by the Tractor Monopoly by jelliclesfarm on Monday May 13, 2019 @01:41PM (#19901690)
International Harvester is the biggest selling tractor company ..more so than JD ..in the US. But JD has an international reach. And they are very cosy with Monsanto(now Bayer). They wanted to buy Monsanto’s Climate Corp before Bayer deal but DoJ said No and killed it.