Posted by Butch(OH) on July 10, 2017 at 06:14:17 from (66.192.33.38):
In Reply to: Re: Winter wheat. posted by JD Seller on July 09, 2017 at 22:34:22:
JDseller, I understand struggling to paying for agricultural land because I have done it. I have been on both sides, as young farmer struggling to eek out a living with owned and rented ground and now just a (paid for) land owner who doesn't farm a lick. I do operate my farm as a business and have a cash rent tenant. You would seem to be saying that a person who owns land free and clear must attach a cost of ownership above taxes, insurance, maintenance and other real costs in fairness to those who do not own land or did I misunderstand what you said? My paid for farm does in deed cost me money each year, a LOT of money actually but still far short of what it cost me each year when I was paying for it and FAR FAR short of what it would cost of purchased today. I am of course talking cash flow here not making or losing money. In my case what others pay to a lender goes in my bank accounts, same with my paid for equipment that I use to maintain the place outside of repairs and fuel. Sometimes I think that making money, loosing money and cash flows gets talked about one and they same when they indeed are very different things. I am not trying to pick a fight either, just curious about your line of thought. At current land and crop prices around here land cannot be purchased and have a positive cash flow via farming it nor can it cash flow if cash rented. I am also pretty certain that it doesn't make money when a person takes into account gaining equity but that is an educated guess. Only thing I am certain of is that at current cash rents a person can own tillable land and it not only cash flows, it makes money, at leat the IRS seems to think so when I pay my taxes, LOL
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 - Uncle Cecil's Super A Lives Again - by Mike Purcell. A week or so out of most of my childhood summers was often spent with my Uncle Cecil and Aunt Sissie in the small East Texas town of Maydelle on their 80 acre farm. Some of my fondest memories of these visits are those of learning to drive a tractor at the helm of Uncle Cecil’s 1948 Farmall Super A. Uncle Cecil was the second owner of this wonderful little tractor, but it was almost as though he had adopted an infant. The original owner was a man from Minnesota who bought her from a local dea
... [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.
