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 - 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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