Posted by JD Seller on February 22, 2017 at 18:58:09 from (208.126.196.24):
There are two farms owned by the same family. They where put in a trust by the Father. The farms could not be sold for so long after his death. The rent profit was split between his kids/families. My family has farmed this ground since before the Father passed away. It is 56 years this crop year. The trust matures this July. The kids have already sold the farms but the actual transfer can not happen until this fall. They called me with the final numbers today. The 300 total acres sold for $11700 average. We DID NOT bid anywhere near that. This is farm ground with an old house and two barns. It is not anything but farm ground. It is too far away for any development and does not have any high value buildings.
So this year will be the last time we farm this ground. Kind of sad in some ways but not as bad as giving $11700 for it. LOL This ground is not the best by any yard stick. The CSR is in the 60s. The one farm is 75% clay soils on steep banks. In a real dry year they will yield very little. In a wet year they yield just as bad. So about 30% of the time your crop on those acres is not good.
The two fellows that bought the farms are in their 70s. I can not see giving those kind of numbers for marginal ground when your that old.
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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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