That time frame pretty much coincides with land prices going through the roof when farms became worth a whole lot more for development than what could actually be produced from the land. My Father bought his 120 acre farm on the GI bill in 1948, $17,000 with equipment,3 plow horses and 16 Ayrshire cows. Milk prices must have been good for the times because he had it paid off by the mid fifties. Adjust for inflation all you want and you will never find a farm at a comparable price this day and age. There is just to much non farm money in competition for the land.
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Today's Featured Article - History of the Cockshutt Tractor - by Danny Bowes (Dsl). The son of a very successful Toronto and Brantford, Ontario merchant, and himself quite an entreprenuer, James G. Cockshutt opened a business called the Brantford Plow Works in 1877. In 1882, the business was incorporated to become the Cockshutt Plow Company. Along with quality built equipment, expedious demand and expansion made Cockshutt Plow Works the leader in the tillage tools sector of the farm equipment industry by the 1920's.
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