Posted by GarrettFields on July 30, 2013 at 14:39:02 from (98.19.142.78):
In Reply to: Can it be done? posted by Joe Pro on July 30, 2013 at 11:36:37:
I am by no means a expert Joe but I firmly believe that at least you or your girlfriend should keep a good paying/good benefit job. I bought my farm in 06 at the age of 23. Just farmed 10 acres until last year because my job kept me 4 to 5 hundred miles from home 4 days a weeek, and I didnt have the time to handle any more ground. Last year I picked up 32 acres, and in 2014 im going to pick up another 120 for a total of 162. There is no way I would quit the RR for 160, a 180 or any amount under 500! Even then I would be reluctant to walk away mainly for the health insurance, But like I said if the wife keeps a good job that changes things. Even with older equipment(mostly junk that no one else would run in my case) you can run into some serious $ keeping them up, and there are some areas that you cant afford not to spend money, mainly planters, and combines/harvest equip. As far as hard numbers, I cant help you there. In my area ground rents for $75 to $100 a acre, and 150bu corn, and 40bu beans is considered a bumper crop, where as in other areas it takes a minimum of $300 a acre for rent, and 275bu corn and 60bu beans would be considered a average year. I sais all that to say this. Anything is possible, but I think in you case it would be easily attainable if your wife keeps her job and you farm! Good luck, I hope it works out for you!
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Today's Featured Article - The Day Mom Drove the 8N - by Brian Browning. My Dad was wanting to put in a garden but couldn't operate the 8N and handle the old horse drawn plow he had found and rigged up to use with the tractor. Well, he decided to go get Mom out of the house and have her drive the tractor while he walked behind the plow. You got to understand that while my Mom is a hard worker who will always help whenever she can... she had never operated farm machinery before that day. Dad got her out there, explained how the clutch was the same as in our o
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