Well your starting out back wards on a few things. You need land before equipment for the first thing. Second your starting out late on things too. Checking in March for that year's crop is too late. It sure is not the beginning of the year. That would have been Jan.1st.
You need to jump on any land you can find and get it under written contract right then. Then keep quiet about it until it is started. The competition is high right now for land.
You need to figure out how to leverage what you have over what you do not have. In your case it is more labor (young) over money/capital. Pure grain farming is very capital intense and very hard to start from scratch in. Some type of livestock farming would utilize your labor better.
Also be patient. With the grain prices falling the rents and values will drop. Just be ready to step in when that happens.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for �200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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