Posted by rrlund on October 01, 2018 at 09:55:54 from (173.225.203.235):
In Reply to: Re: The Future Of Farming posted by Traditional Farmer on October 01, 2018 at 09:14:58:
I think everybody thought Boersen Farms was invincible too. They had Amway money behind them,but eventually,investors get tired of loosing money. Generally if they have a portion of their investment set up for a loss,they have to be able to depend on that loss. When a farm makes money for a few years and can't be counted on to loose money,that can cause problems too. It's hard to plan a loss when the weather and prices all line up in your favor. Last I knew,you could only claim a loss in farming for seven years before you lost those deductions. I don't know any farmers who'll farm in a manner that just makes investor's accountants happy.
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Today's Featured Article - The River Tractor - by Charlie English Jr.. This is a 4010 John Deere that was used to farm on the Diamond Island which is in the Ohio River about 15 miles southwest of Evansville, Indiana. About ten years ago, this tractor was parked close to the bank as the river was washing the bank of the island away.
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