Posted by olliekid on October 27, 2012 at 19:50:53 from (199.18.33.17):
I have posted on here before as far as what I am interested in doing in the future and have received some pretty insightful and thoughtful advice so I am going to throw some ideas out there again.
Right now I am a double major and am thinking about possibly triple majoring. (in four years, I am in year two) I major in Finance and Management.
For those that do not know, I plan on farming anywhere from 50-200 acres in the next 10 years with old tractors and equipment. It is something I truly enjoy doing as a hobby and not as something I would want to do for a living. I want to run old tractors and equipment and not have the high payments and stress that the BTO's have. (big time operators) I realized this after working for a big time operator. He just didn't look like he was in it because he liked doing it. He even said he would love for one of his sons to take the farm over so he wouldn't feel more stressed. He has all new JD equipment and nice trucks but the stress that comes with farming that much land is something I would not want to deal with. I'll also add that I did love working for him and the sum of things I learned about farming was immense while working for him.
Now to my question: Besides farming 200ish acres and having 4+tractors and numerous hay and grain equipment, are there any "finance" jobs in farming? I am thinking two types of options:
Option 1: Work as a finance guy at a big grain dealer. I know the grain dealer closest to me is huge (Deerfield Farms) and I plan on going in and asking them what kinds of jobs are available. I would only consider this field if it was competitive with the wages and benefits I could be making elsewhere with my credentials as a double major.
Option 2: Work as a consultant and go out to farms and work out financial planning, equipment insurance, crop insurance etc with farmers. I am a people person and I have always connected well with those in the farming community.
Your thoughts and advice? Sorry about the post being so long.
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