Got a place near me, over 300 acres, over 200 tillable, compared to the soil in the Red River Valley or much of IA pretty poor, 45 BPA beans if you put in enough fertilizer. One OK building on the farmstead and it isn't the house. They are asking just south of 600,000. Been on the market for almost a year.
My banker here said they have no one that they are cutting off this year but if prices stay the same he says next spring there are a few who won't get operation loans.
I'm not confident in the debt load some of the local guys are carrying right now. Lets just say there are no vacations in their planning right now.
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Today's Featured Article - What Oil Should I Use? - by Francis Robinson. I keep seein this question pop up over and over again in discussion groups all over the web. As with many things there are often several right answers and a few wrong ones. Some purist I'm sure will disagree to no end with what I will tell you but most of us out here in the real world don't really care do we ? Some of them only bring their noses down out of the air long enough to look down them anyway. If you are like me you are only doing this old tractor stuff because you enjoy it. You
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