@CBKimbrell This only works as long as you are not “farming” on the appreciating value of the land. Refinancing every few years on higher land values to free up cash is a death spiral.
@highhertel@TOrganics1456 I would say primary cause tends to be bearing failure near dry material on machine. Not always but more than most. Especially in hay equipment.
The looming expiration of the 2018 farm bill will bring back the threat of the “dairy cliff,” the triggering of laws dating back to 1938 and 1949 that would force USDA to take steps to dramatically raise the price of milk, wheat and other commodities. Collectively, the 1938 and 1949 provisions are known as “permanent law” and have been left on the books precisely to ensure Congress either passes a new farm bill or extends the expiring legislation.
USDA would be required under permanent law to start buying up enough milk, butter and other products to maintain dairy prices at 75% to 90% of the “parity price,” a level in line with where milk prices happened to be in 1910-1914.
For dairy, the parity price is $67.70 per hundredweight; 75% of that would be $50.70, according to a new report by the Congressional Research Service. By comparison, the average farm price was $19.30 in January.
https://t.co/p38VRYtmpD
My dad passed away seven years ago.
He was perfectly healthy until one day he wasn't.
The biggest blessing he gave me was that he was always there.
My dad owned a small business and was quite successful.
He also choose not to continue to expand so he could spend more time with me, my brothers, and my mom.
The money wasn't the end goal for him.
It allowed him to coach my baseball teams, be at important life events, and teach me everything he knew.
I tell you this because when my dad got sick, I remember telling him the thing I appreciated the most was that "he was always there".
It wasn't the house we lived in.
It wasn't the car he bought me at 16.
It wasn't the travel baseball teams he paid for.
It was that he was there, present in my life.
My dad passed away too soon but I appreciate now more than ever the times I get to spend with my kids. I realize the importance of those memories. I know that one day I won't be able to tell how much I love them.
This weekend was a perfect example, a dad/son trip.
We fished.
We talked about life.
We learned about Jesus.
It was everything that mattered.
So remember my friends, there will come a day when everyone's time on this Earth runs out. It is your choice how you spend that time. Use it wisely.
Hired 2 12th graders for summer jobs. Mowing grass, packing silage, etc. 2nd year a parent calls their child at work to run some errands for them during working hours.Parents should respect theirs kids job.Thoughts? @Kimbrellfarms06 @dfaber84@jerodmcdaniel@MGigger@foodsheds