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Using Your Tractor & Crop Talk

Discussion Board - Re: Reply to OP ED on farm subsidy-long post

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MFPoor

12-12-2012 02:56:54
72.4.0.230



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Fact of the matter is, most farmers have made a decent return on investment the past few years. So if you just happened to have jumped into the profession in the last few years, and you did so without accumulating debt, you "got rich". But we all know you don't get in the business without some debt. And you surely didn't get in on a big scale, and in a short period of time, without debt. That has a way of being overlooked by critics when we have a good income year. Then there's those of us who've been at it for several decades. We've stayed at it, just treading water, through some pretty lean years in order to get to this period of time where there is money to be made.

Long story short, there aren't many business' where you risk so much for what averages over time to often be such a relatively small return. Look at what it cost's to put a crop in the ground. Look at equipment cost. Look at what land is going for. I've talked with businessmen in other professions that could not believe the low return on investment that it takes for the average farmer to say he had a good year. Some farmers have millions on the line each year. We deserve to make a decent income considering what we risk.

And where were those critics of what we're making now when the 80's had it's hands wrapped around our throats. Makes you want to wrap your hands around THEIR throats.

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rrlund

12-12-2012 07:04:26
207.241.137.116



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 Re: Reply to OP ED on farm subsidy-long post in reply to MFPoor, 12-12-2012 02:56:54  
Hasn't worked out so well for everybody. If you scroll down about to the middle of the page,there are a couple of links to related stories.

Real interesting to click on the comments link. I knew they had to have stepped on a few toes to have grown so large so quick. Seems some of the locals aren't that sorry to see them in big trouble.

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MFPoor

12-12-2012 08:43:02
72.4.0.230



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 Re: Reply to OP ED on farm subsidy-long post in reply to rrlund, 12-12-2012 07:04:26  
I've been following their plight for a couple weeks now. This time last year, they were being held up as a model of efficiency.

There are exceptions to every rule. I'm more than sure their issues can be traced back to a single miscalculated move or poor decision that snowballed on 'em.

And there seems to be an ever growing mistrust/hatred towards "big business" in this country. That said, I'm not surprised with the negative comments.

In the end, no business, large or small should attempt to grow faster than it's ability to manage assets and liabilities. Seen many a farmer bound for success until they reached a point where they couldn't control events.

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rrlund

12-12-2012 08:59:57
207.241.137.116



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 Re: Reply to OP ED on farm subsidy-long post in reply to MFPoor, 12-12-2012 08:43:02  
Yep. Anybody in business who hasn't known hard times is bound to make a lot more mistakes than those who have. Those of us who farmed through Carters grain embargo and all the trouble in the 80s know better than to take the chances we took before all that hit the fan. I think they call it a normalcy bias. A belief that just because something has never happened,it never will.

The wife and I were district winners in the Outstanding Young Dairy Couple contest back in the day. We represented the district in the state contest. I went on to be on the District Nominating Committee in the Dairy Co-Op later on and was in on picking the district winner. Seems like there was no middle of the road there. The winners usually went on to either be on the State Board of Directors,or out of business in a few years. When you're talking young people,I don't know that giving a big award is always a good thing. Some can handle it,some get a big head and get over confident.

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MFPoor

12-12-2012 09:07:45
72.4.0.230



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 Re: Reply to OP ED on farm subsidy-long post in reply to rrlund, 12-12-2012 08:59:57  
The only award I ever wanted was to have these words on my tombstone;

He was a lifelong farmer who worked hard, took care of his family, never once doubted his own methods, and died owing no one.

I'd rather be consistently average over a lifetime than one moment of glory and a hard crash at the end of the road.



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rrlund

12-12-2012 09:40:00
207.241.137.116



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 Re: Reply to OP ED on farm subsidy-long post in reply to MFPoor, 12-12-2012 09:07:45  
Ya because that farm is all that some of those people had as their identity. Once they loose it in a big flash,nobody even knows their name anymore. You can run in to them somewhere and all of a sudden they don't seem like such big shots anymore. I've farmed all my life,probably too old to do anything else now,will keep on farming as long as my health lets me,but I at least try to stay diversified in my social life so when I do quit (if farming doesn't kill me in my tracks),I'll at least have a life after farming and can live it with my head high.

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