Excellent analysis of the current situation- I believe that many who are raising only grain have lulled themselves into thinking that since the input costs are so high, then the revenue from that crop just has to keep up. Few understand that the cost to produce a commodity has nothing to do with the price received- and we all are pretty much price takers in agriculture, not price makers. When this all does go south, it will be a mess for many, but as one neighbor told me years ago, "more farmers are ruined by good times than by bad."
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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