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12/30/2010

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Vernon Schmidt

2011 looks to be another great year for the folks who manufacturer specialized farm equipment. Crop prices have been great and farmers should have the needed cash to replace some of their aging equipment.

Our major concern for farm income is the rising price of diesel fuel. Already up over 60 cents from last year, now showing signs of climbing toward the $5 line. Federal government's refusal to allow new drilling is not encouraging.

Dealing with Obamacare will be a growing problem for small manufacturers. Our hope continues to be that Congress will be able to slow implementation by refusing to appropriate funding.

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