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Tractor Talk Discussion Board

Re: Absentee Farming (bit lengthy)


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Posted by moresmoke on August 06, 2015 at 12:31:31 from (216.196.93.97):

In Reply to: Absentee Farming (bit lengthy) posted by in-too-deep on August 05, 2015 at 18:57:56:

A couple thoughts for you, not necessarily related or in any order..

Does the farm you work for have the machinery capacity to handle more land? I am in your general area, and know a few farmers that the hired help have a quarter or two that they farm as their own, they rent equipment from the farm they work for, and it is managed as part of the overall operation. It can be a good way to build some equity, and business relationships, and you only need to outlay todays expenses now, not pay for future asset equity you may or may not need. The farmer doesn't gain much from the arrangement other than keeping their good help around and happy.

A couple of my neighbors commute to the farm everyday. 55 miles one way, distance doesn't mean as much here as it does in some places.

10 years ago you would have gotten the same responses about no one able to enter farming for the cost of it. Some of the young guys that got in then are sitting pretty decent these days after the run they have had the last few years. Today may not be the time to start farming, but it is a lot better to get in at the bottom, and ride the wave up, than the other way around. Anybody who claims to know what the market will do in the next couple years, is lying to you.

The only people that are guaranteed to do nothing in life are those that don't try anything.

And last, learn all you can about commodity marketing. The best producer in the world will go broke if he can't sell his crop!


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