Right now farm ground thats 100% paid for will do good to break even with 3.00 corn....How many acres is it....Do you have other farm or off farm income to help make the farm payment......How much money do you have for a down payment...How much is the land per acre and what are the yields on it....Are you already deeply in debt.....Theres lots we would need to know to give an honest opinion and I can sure understand if you dont want to tell us those things..
In 1979-1980 land in my area was selling for $800-1200 per acre....By 1986-87 it had fallen to $300-600 per acre....Lots of farmers got sold out in my area....Even the very best farmers couldnt afford to buy land then as they were barely hanging on...In 2003 a close neighbors nice 80 sold at auction for $1400 per acre...I quit at $1250...Today it would sell for $3,000 per acre.....It had been in the neighbors family since the 1930's..
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Today's Featured Article - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
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