I think you're right on. $20.00 milk, that's the gross. You have to take the shipping and the testing fees out, the bad milk insurance, the co-op fees, the equalization fee or whatever it's called and then there's the fees for the blend differential or whatever it is, my dairyman neighbor explained it all. Of course they were only getting $13-14.00 cwt a few years back, but farm diesel was $1.75 a gallon then and a bag of corn was $40.00, not $350.00. Tires ran under $250.00 for a new 18.4x38, not $1200.00 like now. Hydraulic oil was $15.00 a 5 gallon pail. Fertilizer? I don't even want to think about that. A roll of barbed wire was $12-15.00 not $45-60.00. You could get a good replacement heifer for $300.00 then too. And you didn't have a law mandating you had to have health insurance!
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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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