Posted by Pair-a-dice farm on August 09, 2012 at 04:23:46 from (184.156.225.33):
In Reply to: start in farming posted by Dave_Id on August 08, 2012 at 23:56:02:
Nick I admire you for wanting to farm, there aren't many young people who would want st start such a venture. First off, what is your background? Were you raised on a farm or have you helped a farmer? It's important that you realize the amount of work that you are about to get into as well as the obstacles with weather, markets, regulations, etc that are common in farming.
I strongly encourage you to get some kind of college or trade school education and emphasize on business courses. Farming is a tough business and you need all the training you can get just to be able to market your product and keep the banker happy. Farming is not all about livestock or plowing soil, you will spend a lot of time doing administrative tasks. The skills you learn in college or trade school will be a strong asset should you decide later that you would rather do something else...and it happens.
While going to college I would recommend working for a successful farmer. Most are very willing to help a young man trying to learn and they are grateful for a good hand as well. It might also work into something that you would benefit from later.
I would also suggest not buying land for a while. You can tie up a lot of capital that will hurt your cash flow. Land is a good investment but in most areas the cost is prohibitive for someone just starting out.
Lastly. I know this sounds bad but.....Get acquainted with the farmers daughter. Most farm girls are used to the work and forgiving of the long hours that are required in farming. They also have a good grasp of good work ethics. The old saying is true, " if you can't inherit it, marry it"
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