A yearly rent makes sense - you can lock in your fert, fuel, and grain prices, you can get crop insurance to protect extreme loss. The high rents make some sense. $400 of inputs, $400 of rent, and $200 of income to pay for the machinery & labor per acre, that works.
I can't see paying $6600+ for low wet land like I have, and try to make that pencil out over 30 years. I don't see it. We're gonna crash again. The 2 pieces by me that sold this late winter for that were odd shapes, ditches cut up the fields, had wet areas that can't be tiled out, etc. Wow.
But, back in the 80's, the big fellas got rid of a lot of debt (walked away from it) and came right back farming bigger and 'better' than ever. They got the paperwork scams figured out, and so it goes I guess.
Didn't get off the tractor once to talk with a neighbor this spring, well it's wet & we are all grumpy & have 1/2 our planting left to do; but still, no neighbors any more, just big rigs and everyone sitting behind glass, too much to do to stop and say hi.
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Today's Featured Article - Search For Spares - by Anthony West (UK). Following on from the aquisition of the old Fordson F, I was very much in need of spares. As a novice though I didn't appreciate the fact that there were so many Fordson tractors made, that all the other makes seem rare by comparison. As far as I was aware a fordson was a fordson and it was only through trial an
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