If the BTO is making all of his money on farming alone what's wrong with it? The big GVT payment doesn't impress or surprise me. The BTO has bigger debts to pay. I don't know what his balance sheet looks like, but if he is a real honest to god true farmer who's sole income is from the land he farms he isn't sitting any better financially than the smaller farmer, maybe worse. He has more landlords to deal with than I do and he certainly has to get on his knees in front of the banker's desk more than I do, in fact, with today's commodity prices, he probably needs knee pads!
The BTO's that bother me are the ones who are subsidized by off farm money, enabling them to out bid the true farmers for land. Jim
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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