Low profit margins in the farm economy trickle all the way down main street, this beast has a long tail and it may take awhile to recover. I do not see anything bright on the horizon. Interest rates are low now, but mainly do to a politicized Federal Reserve. That being said why is Japan looking at buying poultry from Russia and are trade delegation is doing what? JD do you remember when cattle 1st went over $1.00? That was caused in part with a trade deal with Japan. We gave them an unlimited access to our Ag products. In exchange we allowed them to import their cars. We allow China to refuse our Ag products but still allow their imports. We need to revisit some of these trade agreements. Your comment on "New Wealth" well we have just about dumbed down the generation that should be creating this to a point, most can't think for themselves and lack initiative to "try something new" Just my 2 cents.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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