Oh $300 rent is only the first 70 bushels at $4.25 if a guy could average that price next year... Leaves $450 left to pay for everything else. After inputs $100 to pay self + hands and those 3 new tractors+combine. No more direct payment knocks 50k in the pocket off most of these big farms. I'd say its a real good thing your boys didn't pay the high rents. Some of these guys are going to be in for a reality check. All of a sudden farming in the 400 to 1000 range with a nice line of mostly payed off 6 to 12 row equipment might be the cool thing.
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Today's Featured Article - Self-Starting Tractor - McCormick 10-20 - by Francis J. Robinson. I remember it very clearly even though it was almost 50 years ago and I was only about seven years old. My Dad had purchased a new Ford-Ferguson tractor and basic set of implements when he started farming just about the beginning of W.W.II. It was considered a pretty nice outfit for their 70 acre central Indiana grain and livestock farm. Dad spent several years during the war testing aircraft engines at Allison Engineering in Indianapolis working seven days a week on a twelve hour night sh
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