Gordon Couger wrote in message
...
I spent the the last part of my life making thing work as well and I
come to
an entirely different conclusion over here. With low interest rates
investments in irrigation systems are quite attractive from the
landlords
and the tenants point of view particularly when you factor in the
benefits
of no till cropping. It can increase my income by a factor of 2 or 3
including payments and decrease the farmers per unit costs about 40%.

I am not just talking either we are spending real money.

There seems a general move to quietly drift capital out of agriculture.
Most farmers are in their late 50s or older, annuities are rubbish at
the moment so pension plans do not look good. Even at low interest rates
money pays better on deposit than it does in agriculture. (remember our
rates are probably higher than yours, but not much)

--
Jim Webster

"The pasture of stupidity is unwholesome to mankind"

'Abd-ar-Rahman b. Muhammad b. Khaldun al-Hadrami'