Trade: 13,560 bushels of wheat for a new 240hp tractor

[AlbertaFarmer5]

Geez it's hard to figure you guys out - the last 5 threads about wheat no-one seemed happy with the price, now you're celebrating them being so high? Like the long running woe is me story about farm profitability only punctuated by the brief uproar at the suggestion of possibly having to pay increased income tax on net profits of over $200,000.

You responded to my post, but I don't think I fit into the you guys category, I don't come on here complaining about prices, more likely calling out those who do. Recent years have been very profitable around here, and judging by the the money people spend, as compared to the whining that they do, there must be profits elsewhere as well.

[hobbyfrmr]

As per-bushel and per-acre margins fall, the solution is to cover more acres.* The inescapable result is fewer farms and farmers."

What about that quote, we all know it's true but the advances in machinery and technology has enabled it also. My question is This- If we entered an era of more profit per acre / per head would you reduce the size of your farm, continue status quo and make more money or expand further as less risky?

I often think it would be nice to cut things in half and enjoy non farm life more but I know I would not slow down.

Next year I will cut my seeded acres in half, this way I can hope to break even because I could really use the money.