Fool's names and fool's faces always appear in public places........
When "wisdom" is touted through an open mouth, it is often lost through that same opening.....................
So, if grain,corn or soy prices end up in the basement, who will still have their operation and who won't. We had what now adays is considered a small farm, 400 acres. 200 head of dairy and 5000 chickens, and enough feeder pigs to keep us in pork all year. BUT, we owned the place. No mortage, and NO LOANS. Dad/grandad let grandma keep the books, and when spring planting came, she had money stowed away for fertilizer, fuel, and seed, and it got replentished (or increased) every year (except on the bad ones). Those farms that are that big can't start up in the spring or service the equipment in the winter without loans because they take the profit off the top, and pay the interest. Grandma's way keep us away from the bank loan officer. In the end when we quit farming, that kitty was their retirement fund. The only loans I ever heard about where when a new piece of equipment was bought, and that got paid off the same year.
I know it probably doesn't work that way now, but it sure seemed to work 40 years ago. We never had alot of extras, but we always had plenty to eat, clean decent clothes for school and church, and we never seemed to be worried that the bank was going to take the farm or the equipment back.
I like that way, and that feeling that when everything around you was in the dumper, things got tight, but never ever did we go without.
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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