Welcome to Barn Talk! In this one, we dive deep into the world of farm equipment and ag business with our special guest, Greg “Kentucky” Koch. Greg, who owns a small farm and an equipment auction business, brings a wealth of knowledge as we explore the current trends and challenges facing the industry. We’ll discuss the strength and potential decline of grain carts, semis, and hopper trailers, and speculate on crop size and quality amidst various environmental factors. Kentucky shares his insights on the downturn of the equipment business and how his diversified model sustains through changing markets. We also tackle the rise of semis in farming operations, the decline of big gravity wagons, and the ongoing challenges of running a business, including customer management and utilizing social media effectively. Get ready for a lively discussion about cattle prices, hay market fluctuations, and the invaluable skills taught through livestock work.
