Posted by Dick2 on October 02, 2015 at 02:10:51 from (174.19.246.61):
In Reply to: Buying a farm posted by Gleanerk2 on October 01, 2015 at 16:14:26:
Banks have external advisors that are telling them to not make loans to farmers because of the declining prices for grains and livestock. Also, banks are nervous about the stock market so they would rather hold onto their cash than loan it out. If they have sufficient cash after the crash, they may be able to stay in business. 20% down used to be the norm to buy real estate years ago and lending agencies are trying to return to that practice. If a person has a large equity in the property, they are more inclined to make the payments than a person that has little or none of their own money invested.
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Today's Featured Article - Tuning-Up Your Tractor: Plugs & Compression Testing - by Curtis Von Fange. The engine seems to run rough. In the exhaust you can hear an occasion 'poofing' sound like somethings not firing on all cylinders. Under loaded conditions the tractor seems to lack power and it belches black smoke out of the exhaust. For some reason it just doesn't want to start up without cranking and cranking the starter. All these conditions can be signals that your unit is in need of a tune up. Ok, so what is involved in a tune up? You say, swap plugs and file the points....now tha
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