I find that every thing I buy is about 10 times the price it was when I was a teenager, except farm gate prices. Farm gate prices are either the same or lower than they were in the mid seventies. The few prices that have gone up, the gains are lost to the reduces buying power of a dollar. In the early seventies, a imperial ton of corn was $200.00 and the average yield was two ton per acre. Today our Co-op cash price for corn is $200.00 per metric ton/or 2200 lb. .We grow more per acre now, at least a 4metric ton per acre average, but still get the same price per ton. A new tractor cost right at $1,000.00 per hp. In 1976 my IH 966 cost $24.000.00, so the gentleman that I purchased it from told me. And he bought it with milk at $9.00 per hundred lb. So today that tractor is only 4 times the cost. You could hire a good man at the same time, 1976, for 5 bucks per hour. Now you can barely even hire a numbskull for 15 bucks. Farm prices just haven�t kept up .
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Today's Featured Article - Tractor Profile: Oliver 70 Row Crop - by Staff. The Oliver 70 was part of the "Fleetline Series" and was manufacturered from 1937 to 1948. The row-crop configuration could have either dual or single front wheels. The Oliver 70 was also offered in the standard, orchard and industrial configurations. The tractors were sold in Canada. An early advertisement states "Power when you want it - power when you need it - power to help put in crops when field conditions are right and time and help are limited. That's the power you'll find in an Oliv
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