I have been thinking the same thing. Alot of Farmers are going nuts right now. Buying lots of new equipment, More land at inflated prices, Adding irrigation,ect ect ect. If they are borrowing for this. Its gona come back and bite them in the arse. Actually its gona come back and bite all of us in the butt hard. Same thing just happened and is in the proccess of happening with the mortgage industry. Keep buying on speculation and your gona get hurt.
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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