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 Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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