Productivity, and Prices. If you are a wage earner, think of productivity as how many hours you work per week. Productivity (like bu per acre, lbs of milk per cow, lbs of beef marketed) is somewhat governed by weather, but also in how much we adapt to the weather. Tools like drain tile or irrigation can take out a lot of extremes on crop production. Better barns and animal comfort take out the strain on animals.
Prices. For the hourly wage earner this is your wage per hour. All commodity prices have been lowered significantly in the past few years, so all farmers are working for a somewhat lower wage. That price pullback is due to greater supply, and less foreign demand, mostly due to good production around the world, a higher US dollar than we had in the past decade, and frankly, trade disputes due to politics.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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