Posted by NY 986 on March 09, 2017 at 12:29:19 from (184.53.50.91):
I'm in a reflective mood today. I was thinking of college and some of the farm management tours I went on. Having a trust fund to work with was certainly not common and also not expansive but certainly gave an edge to those who otherwise would not have an edge. Probably one of the more prolific funds had money to cover taxes and insurance on an approximately 300 acre farm. It also had a machinery replacement schedule for the basics such as manure spreader, baler, mower-conditioner, and small tractor on a few year rotation. Further, it had the ability to turn money back into the fund as a hedge against inflation. I was wondering just how isolated having trust fund money was for a farmer?
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Today's Featured Article - The Revival of a John Deere Combine - by The Red, John Fritz. For several years I had been driving by a farm house on the west side of Indianapolis that had a John Deere combine parked in high weeds in a lot behind the house. The gentleman no longer farmed because the entire area was developed with housing and light industry. I had stopped several times and knocked on the door but no one would answer. My curiosity was up and I wanted to contact the owner. I wanted to see what he planned to do with the combine.
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