The small guys will make out OK because their cheap small machinery is paid for and low maintenance. They have a ‘real’ job somewhere else that is paying the bills. Their land is either paid for or they are paying low rent because the fields are too small for the big boys to farm.
I’m in the middle class of farmers. My machinery is paid for but I’m into the bank every year for some of the crop inputs, and it’s a little tough right now but I’m hanging on. If I was making machinery payments I would be in big trouble.
I am seeing a few retirement farm sales around here for mid-sized farmers in my age range, mid-60’s, who can’t make ends meet anymore. Their machinery is shiny and not paid for. I assume that is what is dragging them down.
The biggest farmer by far in this neck of the woods is a self made billionaire who owns and farms the land just because he wants to.
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Today's Featured Article - Tuning-Up Your Tractor: Oil, Oil Filter and Air Breather - by Curtis Von Fange. In the preceding articles we discussed some of the various aspects of doing a comprehensive tune up. Hopefully some light was shed on why we do or don't do certain things pertaining to inspections and order of events when doing a tune up. Perhaps some useful reasons were given for why parts fail and what to do about preventing part failure in the future. All these tips will help us think and reason out a problem in order to make our tune up last and, hopefully, keep us from spending extra mone
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