Posted by tomstractorsandtoys on March 07, 2016 at 00:03:32 from (50.105.201.250):
In Reply to: Trying times ahead!!! posted by JD Seller on March 06, 2016 at 20:11:22:
I wonder what all is going to happen? I am a smaller farmer but owe more than I should due to some mistakes and health problems.I think I can make it but there is no room for mistakes anymore. I could sell out now and have plenty of money to pay everything and still buy a nice property but I always wanted to farm and not work for someone else.I look at the big farmers who are always adding more cows or more land and wonder why? Is there not such a thing as enough? The older I get the less I really want anymore.My banker told me they will be very slow to sell out the big operaters who owe lots of money because of what they would loose and if enough of them are sold out it will lower land,livestock and equipment values on the farmers who are left and cause even more to be sold out due to no equity.So the big greedy people get a pass on some of the problems they created and the smaller farmers end up paying the price? I told my banker I was not impressed but he said it just is that way now.I do not want to see my friends and neighbors sold out as I would miss them. Some of them want there neighbors to be sold out so they can buy up or rent the land they were farming.It really is a sad time right now and it will probably get worse if we have good crops this year. Tom
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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