The last few years have made farming very profitable but there have been more years of cash corn hovering right near (or under!) two dollars per bushel since I started farming in 1988 than I want to remember. Granted input costs were not as high then, but it was a very tight budgeting situation and many farmers failed or even retired just to be rid of it all. If I did not have a neighbor retire and rent me a quarter of land, and without trading my labor for using some of my dad's machinery use, there would have not been a way for me to get started farming.
Most of us have gotten a few knives in the back along the way too so you are not alone there either.
Right now in the mid west cattle prices are through the roof so trying to get started in them would be a huge risk too.
Keep saving your money, look for an older farmer to work for who may need some hired labor and provide a chance at renting some land when he retires, and keep your powder dry. If the price of corn tanks again, and it will, there may be opportunities to get started then.
Try not to worry about not keeping your pledge to your grandfather that you would be farming someday. We never know what path our life will take us on, we can't see into the future. The best thing for you may not even be trying to start a farm from scratch. There are many jobs and careers in agriculture related to farming that can pay very well and keep you tied to the memories of working on the farm with your grandfather. Working part time for a farmer now and then can also let you have some of the fun of fieldwork or harvest without all of the worry of paying off operating loans every year!
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
... [Read Article]
Latest Ad:
Oliver 550 Diesel runs like a watch three point hitch pto engine gone threw about two hundred hours ago nice clean tractor
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.