It's interesting the number of comments of the "value" of the land. Some of you guys are on the side that the best value is the rent income, and others are of the land itself. Land ownership needs to be looked at from two perspectives. 1: What annual income will the property produce? Rent - taxes and other expenses. How much rent a farmer can pay is directly tied to program payments, and these payments vary widely from region to region. 2: What is the investment potential of the property? The last 20 years the growth in land values couldn't be beat for an investment. The 20 before that, you did well if you didn't loose on that investment. What will happen in the next 20?
Most people operate on emotion. Today's investment outlook is that the stock market is going crazy, and land values will level off with commodity prices in the dumpster. Why wouldn't I sell land and buy stocks?
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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