Posted by MFPoor on December 18, 2012 at 09:45:19 from (72.4.0.230):
In Reply to: Farm land bubble posted by Jon L on December 17, 2012 at 22:29:56:
When things started coming unglued in '05/'06, I bought a couple small farms that adjoin mine for roughly $.50 on the dollar. Now they're about $1.50 on the dollar. Sold one in October and have accepted an offer on second one. Time to take the money and run. Trying to beat capital gains increase/income tax increase next year. Bubble or not, this seems like as good a time as any to bow out.
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Today's Featured Article - The Ferguson System Principal An implement cutting through the soil at a certain depth say eight inches requires a certain force or draft to pull it. Obviously that draft will increase if the implement runs deeper than eight inches, and decrease if it runs shallower. Why not use that draft fact to control the depth of work automatically? The draft forces are
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