GaryinKS: I thought I would state my parents results in buying very good farm in 1939. They paid $100 per acre which included a good two story home and very good barn and grainery etc. In 1941 they bought a complete line of NEW equipment. A new Farmall MD and all related equipment. The MD was about $1800 when a gas M was $1100. Remember very good farm land was $100 per acre so that MD cost the same as 18 acres. In 2009 that land cost $5,000 per acre. (equal to $90,000 for 18 acres?) That MD did all the heavy work on 320 acres with two guys running it. By 1947 the land was worth $200/acre or a double in value in 8 years. In other words, my parents were lucky to buy when they did in both land and equipment. Many returning solders from WW-2 did not see any where near that kind of a return if they bought just after WW-2. Almost like buying into Wall Street? Farming is a gamble? Maybe like buying stock in "BP" now with all the bad news on the oil spill? In 5 to 10 years their stock will have recovered? It's a gamble. Interesting topic. ag
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Today's Featured Article - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want … unless you own a monster tractor. U
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