The small guys will make out OK because their cheap small machinery is paid for and low maintenance. They have a ‘real’ job somewhere else that is paying the bills. Their land is either paid for or they are paying low rent because the fields are too small for the big boys to farm.
I’m in the middle class of farmers. My machinery is paid for but I’m into the bank every year for some of the crop inputs, and it’s a little tough right now but I’m hanging on. If I was making machinery payments I would be in big trouble.
I am seeing a few retirement farm sales around here for mid-sized farmers in my age range, mid-60’s, who can’t make ends meet anymore. Their machinery is shiny and not paid for. I assume that is what is dragging them down.
The biggest farmer by far in this neck of the woods is a self made billionaire who owns and farms the land just because he wants to.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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