Milk has slowly crept up, but if the predictions are right, it is going to take a $2 drop for Oct. milk. The BTO's have a lot more equity to fall back on, but they eat it up faster also. The small guy loses a thousand a month and the big guy loses a million a month. If the trend toward larger and larger farms is any indication, I would guess the large guys can stand the loss better. My son is one of the smallest guys around who is not working off the farm and he's keeping his head above water, but there is stuff sitting around that should be repaired that isn't getting repaired because it will endanger his cash flow to a serious level. Regardless of size, one has to be very, very careful about expenditures at the present time.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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