luckyfarmer
New User
I wanted to ask the members of this forum for an opinion as I am undecided as to what to do.
I have a job in town. I own about 200 acres of row-crop land which I am currently leasing for corn and wheat farming.
Recently, I was able to purchase a JD 5020 which I completely overhauled (engine, clutch, transmission, all the valves). The tractor works great. I also acquired a bunch of used equipment which I restored: chisel plow, disc plow, field cultivator, grain drill (only 10'), boom sprayer and fertilizer spreader, another 60hp tractor. I have been considering starting to farm the fields myself (I do have a hired hand who works with me most of the time). I have asked some people and they said that I am crazy - trying to do so with such old equipment.
I personally do not think it is so crazy. I would plan starting on about half the fields to learn the routine and paying someone to harvest the crop. I think this should bring in significantly more money than my current situation. With time, as I acquire more knowledge and hopefully some more equipment, I could expand to the other half of the land. I really like the idea and think it would be very interesting but would like to ask the other members of the forum. Am I way off base or is this a good idea? Thank you.
I have a job in town. I own about 200 acres of row-crop land which I am currently leasing for corn and wheat farming.
Recently, I was able to purchase a JD 5020 which I completely overhauled (engine, clutch, transmission, all the valves). The tractor works great. I also acquired a bunch of used equipment which I restored: chisel plow, disc plow, field cultivator, grain drill (only 10'), boom sprayer and fertilizer spreader, another 60hp tractor. I have been considering starting to farm the fields myself (I do have a hired hand who works with me most of the time). I have asked some people and they said that I am crazy - trying to do so with such old equipment.
I personally do not think it is so crazy. I would plan starting on about half the fields to learn the routine and paying someone to harvest the crop. I think this should bring in significantly more money than my current situation. With time, as I acquire more knowledge and hopefully some more equipment, I could expand to the other half of the land. I really like the idea and think it would be very interesting but would like to ask the other members of the forum. Am I way off base or is this a good idea? Thank you.