Here's my 2 cents. Corn never should have been $7. That was just a bunch of guys trading paper in chicago. I believe grain farmers can prosper on $5 corn if inputs level off at this point. The increase in the price of farm commodities has very very very little to do with the increase in food prices at the store. Ethanol is neither a boondoogle nor a cure all but a stepping stone on the path to alternative energy. Ethanol hasnt caused prices to go up nearly as much as the cheap dollar has driven demand for our products world wide. The amazing increase in input prices makes me shake my head but once again, worldwide demand is ever increasing. This has been caused by high grain prices and the weak dollar. Grain farming is profitable at this level but it would be nice to see inputs and commidities level out. The biggest thing is remeber to be careful spending money you dont have and get your inputs bought early. I have a spreadsheet I run input/expense's against revenues and some of those big rent guys are headed to a disaster allready. Of course all of this being said I have bins full of corn that isnt priced so I'm a genius. bill
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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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