"05 and "06 were drought years here. You couldn"t find a bale of hay and I am a producer/consumer.
So I wound up feeding all I could grow and then buying poor quality (too mature) Sudan for $65 delivered, in 5x6 rolls, and $40 for corn STALKS and glad to get them. Course getting the cows to eat the stalks was another matter.
Enter 2007. Weather is perfect. Glut hay season. Production costs are still up as you guys describe, but now the market is flooded. I have hay to sell but it"s selling for $30 a roll in some places and as soon as a potential customer sees that, it"s hard for you to get $45 a roll which is somewhat of an honest return on your investment....says nothing of pay for your effort.
Glad I"m retired and living off other income so that I can "afford to farm".
Can"t wait for IRS to challenge me on my income vs expenses. Once you commit to farming, you can"t just up and quit you know. You have all the equipment and all at risk, plus if you don"t "ag" your property the local taxies come after you and you have to ag it to be in ag.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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