Posted by 2 Old 2 Care on November 16, 2014 at 17:03:51 from (71.30.224.159):
In Reply to: Farm economy posted by kickinbull on November 16, 2014 at 13:34:56:
Lot's of reasons.
Before anyone goes from zero to big dollars, they gotta get back to zero. It's been a rough few years leading up to this. Time to pay down debt before going on a spending spree.
Many cattle operations are still herd building after selling down to the lowest numbers since the '30's. Can't sell everything standing....
And even with the high beef prices, it's just been relatively recently that feed cost has dropped back to reality. High prices don't always mean high profits.
And most importantly, just because there is money coming in, that doesn't mean you have to run right out and spend it all. It may be a prudent move to see if these high prices hold. May just be short run up.
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Today's Featured Article - Women and Tractors - by Teri Burkholder. The View from the Garage - Never a doubt, everything on our farm is a learning experience. I've been working very hard to get our two rundown Farmall A's sanded, primed , bondo�d, fiberglassed and painted before our big local tractor show called the Tulip Festival. My husband Ben came in the garage one rainy day to see if he could "help". Well if you knew Ben you wouldn't want him anywhere near your spray gun, fiberglass or bondo! So I pulled out the 2 old yucky looking magne
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