Posted by Dick2 on October 02, 2015 at 02:10:51 from (174.19.246.61):
In Reply to: Buying a farm posted by Gleanerk2 on October 01, 2015 at 16:14:26:
Banks have external advisors that are telling them to not make loans to farmers because of the declining prices for grains and livestock. Also, banks are nervous about the stock market so they would rather hold onto their cash than loan it out. If they have sufficient cash after the crash, they may be able to stay in business. 20% down used to be the norm to buy real estate years ago and lending agencies are trying to return to that practice. If a person has a large equity in the property, they are more inclined to make the payments than a person that has little or none of their own money invested.
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Today's Featured Article - Experimental Tractors Article - by Danny Bowes (Dsl). Tractor technology appears to have nearly hit it's pinnacle of development. If you agreed with the subtitle, you are rather mistaken. Quite, actually. As a matter of fact, some of the technology experimented with over 40 years ago makes today's tractor technology seem absolutely stale by comparison. Experimentation, from the most complex assembly to the most simple and mundane component, is as an integral a part of any farm tractor's development
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