I have been watching what some of the "BTO's" as well as the "Wanna Be BTO's" have been doing. Some continue to buy land at unrealistic prices, while others are stuck in multi-year rental contracts that will only produce a negative bottom line. Just lost a tract this year on account of some issues completely not related to the farm itself, but that is another story. Have a small operation with a decent line of equipment that could allow me to cover substantially more acres than I do now. My job in town is too lucrative to give up at this time and go full time farming, and that is much of the reason why I am sitting tight. I also have two children still living at home and college costs to deal with, too. I have been repeatedly offered a tract of land near where I live, but again, I am not going to take on this tract of land when I know the rental agreement, particularly the cost per acre. I am more than happy to see this "neighborhood south end of a north facing horse" bleed red ink on that tract for the next 3 years. I am concerned about all these very young people who just entered the farming business, where their fathers have worked to help make a place for them, and it did work well for them over most of the past half dozen years, and now things look rather bleak. I did learn a valuable lesson many years ago. The time to get into something (like farming) is when there is a mass exodus out. I suspect there will be opportunity, but it will take a bit of time to ride this thing out. My banker friends have continually told me they are telling their customers to trim at least $100 per acre from their cost of production. The landowners are not quite ready to let that much revenue go, and the costs of inputs have not diminished much either. I am not sure what these people are going to cut.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Product Review: Lead Substitutes - by Mike Schordine. Lead was oriinally added to gasoline as an upper cylinder lubricant. It lubes the valves and seats. If you rebuild the motor, you could use hardened seats and valves, and unleaded fuel. But if your old tractor runs good, a simple lead substitute added to the gas is a perfectly reasonable solution. And, if you are like me, your tractor is under cover, but it sits outside. So with every temperature change, the humidity in the air collects in the fuel tank, in the form of water.
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.