RedTom One thing I kind of missed in this was you taking care of your Father's affairs. You really have a responsibility to protect his "BEST" interests. By sharecropping to someone that is doing a poor job you not really doing that. I would put the farm up for rent and take applications for the next crop year. Then pick the best one in your opinion and go with them. I would DROP the sharecropping deal ASAP. Thee is just too many unknowns involved with that in the next few years plus you have LOST income the last few years as well. The current tenants can still be farming the farm next year if they step up to the plate.
As for selling the farm. That is what a good auction is for with today's prices. A good friend of mine just retired this passed winter/early spring. He was really thinking about taking a pretty good offer on his ground from the current tenant. I have/had nothing against the renter at all. I just told him that how does he KNOW what is a good offer on his farm these days???? His farm has two very moneyed fellows on each side. He was offered $10K per acre for the farm, 365 acres. That is nothing to be insulted by. At the auction the land brought $14000 an acre. So he made an additional $1.45 million on his farm. So private sales can leave a lot of money on the table these days.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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