I will say the biggest thing I have found is marketing and knowing your true cost of everything. You have to have a good yield or you will not prosper period. After that it is watching your cost and doing a better job marketing. Many farmers, and other small business men, make their decisions on "feelings/emotions". So they miss selling opportunities "waiting" on unrealistic price expectations and buy/rent things based on unreal income or price predictions.
When I was selling equipment through the dealership I got to see a lot of real numbers from farmers of all sizes. The biggest difference I saw between the profitable and losing farms was production plus marketing. You will never make money without good production, at a reasonable price, and then sell it at the best price you can.
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Today's Featured Article - Storing Your Tractor - by Staff. If your tractor is going to be stored for any length of time, a few precautionary measures are helpful in preserving various parts, also in avoiding future difficulty. Store tractor under cover. If impossible to place tractor under cover, be sure to cover air stack and exhaust pipe. Drain radiator and engine block. To avoid gum content collections, drain both fuel tanks and carburetor. Leave radiator and fuel caps slightly loose to protect gaskets. Block tractor up to remove weight from tires and to keep tires from contact with moist floor.
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