Yield is very vital to profit and there are areas that 150 bushel per acre yield of corn is still very good. Not everyplace has the potential for 225 bushels of corn per acre. So corn dropping to 5 dollars per bushel or lower locally could jeopardize profits especially if record high prices are paid on rent. We could still have a 1980's type financial squeeze in a few years though the circumstances may be different. Yes, the debt is not there like back in the 1970's but profits could be squeezed to the point where property taxes would extremely difficult to keep paid and selling equipment off may be needed to meet household expenses. What went up in terms of equity due to the land boom could come back down affecting ability to borrow operating money.
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Today's Featured Article - Tractor Hydraulics - The Basics - by Curtis Von Fange. Hydraulics was one of the greatest inventions for helping man compound the work he can do. It’s amazing how a little floor jack can lift tons and tons of weight with just the flick of a handle. What’s even more amazing is that all the principals of hydraulic theory can be wrapped up in such a small package. This same package applies to any hydraulic system from the largest bulldozer to the oldest and smallest tractor. This short series will take a look at the basic layout of a simple hydraul
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