The farmer wannabe's don't have a clue on what kind of credits and debits to put into a farming budget, whether it's grain or livestock. Most of them don't know what a budget is.
But I know old time farmers who don't know how to budget. In fact a lot of them don't. The banker does the budget and the farmer farms by how much the banker will lend to him. That way the banker can keep the farmer deep in debt, paying him interest, but not so far in debt that he's insolvent to the bank examiners. The farmer retires with practically nothing left over after his farm sale but the banker doesn't care about that, he's made interest off the farmer for all those years. When you think about it, the banker is the smart one. Jim
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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
... [Read Article]
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