Don’t feel awful for everyone in dairy right now . My business model is doing just fine thank you. Paid all of my bills last month with money enough left over, and I fully anticipate doing the same thing again this month. The only farmers that I know that are in trouble, have put themselves there of their own free will, by spending lavishly and not truly understanding just how much it cost them to produce a litre or pound of milk. Following the advice of University Professors at school claiming that economy of scale is best, and you can make more profit by producing more product. Which is true enough, in theory. But borrowing so much money that your grandkids will have to pay the debt off, just so you can produce more is nuts! And feed salesman telling you how to feed your cows to get more milk is great, but if the feed company is the only one that ends up with extra $$ why do that? Dairyman that control their cost and keep a low or no debt, will be able to take a short term dip in revenue, and continue till the price rebounds. Farmers that are already burdened with debt, will need to adjust their business model to conform to market realities, or exit. Dairyman, crop farmers, beef producers, poultry farmers, vegetables its all the same. Everyone applauds the big farmers, and looks down on the little guys, but often enough the little farmers are making money, while the big operations are just able to pay interest on their loans
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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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