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Re: Some thing that had not happened in a very long time!!!


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Posted by JD Seller on October 23, 2016 at 07:18:27 from (208.126.198.123):

In Reply to: Re: Some thing that had not happened in a very long time!!! posted by Bill VA on October 23, 2016 at 04:36:00:

Bill the custom farming/harvesting business has been growing. The boys are concentrating on expanding that business. There are fellows that do not want to spend the money buying newer/bigger equipment. Unless they have a enough acres they can hire the work done cheaper than they can afford to do it themselves.

Another sideline is my one son took night classes to get his ASAE certification. He now is not only working on farm equipment but also cars/pickups. So he is utilizing the shop we already have. So as the farm repair business ( Larger farmers with "new" equipment) has slowed down he is picking up other business.

We might get back into the feed hauling business. This is a big maybe as the rules and regulations are worse now that when we quit.

The point being you can not just keep doing the same old things and hope to make money when the market is just not there.

Many guys planted fence row to fence row in corn. So the price is down. Now many of those same guys are jumping on feeding cattle to use "cheap" corn. So they have held the price of feeders up and will drive the value of fats down in the months to come.


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