GaryinKS: I thought I would state my parents results in buying very good farm in 1939. They paid $100 per acre which included a good two story home and very good barn and grainery etc. In 1941 they bought a complete line of NEW equipment. A new Farmall MD and all related equipment. The MD was about $1800 when a gas M was $1100. Remember very good farm land was $100 per acre so that MD cost the same as 18 acres. In 2009 that land cost $5,000 per acre. (equal to $90,000 for 18 acres?) That MD did all the heavy work on 320 acres with two guys running it. By 1947 the land was worth $200/acre or a double in value in 8 years. In other words, my parents were lucky to buy when they did in both land and equipment. Many returning solders from WW-2 did not see any where near that kind of a return if they bought just after WW-2. Almost like buying into Wall Street? Farming is a gamble? Maybe like buying stock in "BP" now with all the bad news on the oil spill? In 5 to 10 years their stock will have recovered? It's a gamble. Interesting topic. ag
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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