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Re: Funny up date on the young farmer I tried to help.


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Posted by wisbaker on September 23, 2012 at 14:05:22 from (184.157.222.95):

In Reply to: Funny up date on the young farmer I tried to help. posted by JDseller on September 23, 2012 at 13:38:46:

What goes around comes around, but I place part of the blame on the landowner,how many times have they left a good tenant in the lurch when they decide to rent to someone else for a few dollars an acre more. How often does that come back to haunt them? If you decide to rent land to someone you better have a good idea of who they are and how they behave or you're setting yourself up to get hurt. How do you counteract that? Big 300 page leases with insurance and liability contingencies? That's how we do it in local government, and that's why it costs $250 to have a blind installed in a Courthouse, yep can't get the owner-operator 4 doors down from the courthouse to do it as an Owner operator he isn't required to carry workman's comp and he sure as heck doesn't have the 1 million dollar liability insurance, why carry insurance for more than you're worth?

How many family farms (and implement dealers, car dealers, hardware stores and grocery stores) have we killed with death, estate and transfer taxes?

How do we find young people to farm and if their family isn't farming how do we get them started? I don't think it's big government programs. Maybe elderly landowners work three way leases where a young farmer, and experienced farmer and the landowner identify ways for the landowner to get rent, the young farmer to get some income and the experienced some help, income or revenue from leasing/sharing equipment consulting or what ever else he brings to the table. Does the path to farming start with an hourly job with a farmer and a defined path to growing into your own operation? If you hired a young man to work directly for you how long do you need him under your wing until you might enter a three way lease where he has skin in the game, maybe working for you for a share on the crop from rented land with the young person eventually assuming more and more responsibility for rented ground by paying for inputs and eventually acquiring their own equipment?


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