There is no way to afford new high dollar paint unless your family owns a bunch of paid for land, you farm a huge number of acres, or you want to be in debt up to your scalp for your whole life.
There is a way to make profit for each farmer, but not everyone starts with the same hand of cards.
My banker says I have the lowest cost of production related to equipment, not one new machine, ever. After 20 years in the game, I can actually look at new paint, but have no desire to try to make it cash flow, I would rather have an emergency fund than a new truck or tractor.
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Today's Featured Article - The Day Mom Drove the 8N - by Brian Browning. My Dad was wanting to put in a garden but couldn't operate the 8N and handle the old horse drawn plow he had found and rigged up to use with the tractor. Well, he decided to go get Mom out of the house and have her drive the tractor while he walked behind the plow. You got to understand that while my Mom is a hard worker who will always help whenever she can... she had never operated farm machinery before that day. Dad got her out there, explained how the clutch was the same as in our o
... [Read Article]
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