Article: Waterloo-Cedar Falls Courier, Iowa, Matthew Wilde column.

Byline: Matthew Wilde

Jan. 2--Last month I spent -- much of it borrowed -- $407,100 on several pieces of brand new John Deere farm equipment and $119,000 on a 1,000-head hog building and didn't lose a wink of sleep doing it.

I don't know if a real farmer would rest so easy after forking out that much dough. Taking into account current commodity prices and a recent agreement by the World Trade Organization to eliminate farm export subsidies by 2013, profitability in farming won't be easy in the short and long term.

But an "American Farmer" like me spent without a care in the world.

Apparently, I thought corn was worth for $4 per bushel ...

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