My Dad sold me the farm on a Contract for Deed years ago. Sale price was property tax value and I pay 4% interest and make a mortgage payment to him every month.
If you want to use your farm as retirement income, you'll have a hard time finding a place to earn 4% on the money you'd get from a cash sale.
The hard part (in our situation) was the passing of the torch as the operation's primary decision-maker.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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