There has been a lot of good advice given to you so far, so I won't repeat it, but will say this: anyone in high school now, even college, has not seen low grain prices in their adult lives. It is really easy to look successful with the strong profit margins we have seen the past six or seven years. So it is easy to get caught up in trading equipment more frequently nowadays than what it was years ago. Your classmates have never seen a bad year where they have had to scrape for a living, so that has shaped their perspective into thinking what they have known is the norm. Things will change, and when they do, you will be much better off than someone who has to send the shiny stuff back to the dealer just to afford to keep farming. I'm 31, so I can relate. My "new" purchase last year was a 1981 4640. It works great and I love running it. And its paid for....
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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