In the USA some bankers are advising farmers signing up private investors to help buy additional farm land. That is not a sign of great confidence.
It sounds like you are already aware of economics, high risks and low returns in starting a farm. Have you identified the personal reasons you are attracted to farming? There may be other ways to meet those desires with less investment, less risk and maybe better income: work part time for another farmer during the busy seasons; grow some of your own food and meat on your acreage; learn a skilled trade or a management specialty and sell that service to local farms and businesses; do some farming as a hobby with no expectation of making a living and maybe not any profit; continue an off-farm job until you build up a nest egg large enough to buy a farm. If you have a really good idea for profitable farming, can you partner with another farmer or hire another farmer to raise the crop/livestock? If you enjoy the manual labor it may be more profitable to find someone who will pay you for your effort.
Try talking to a farm banker to find out what they need to see before they will make operating loans or loans to buy farmland.
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Today's Featured Article - Grain Threshing in the Early 40's - by Pat Browning. The setting is rural Wisconsin, halfway between East Troy and Elkhorn, on Hodunk Road, our nation was at war, and I was 6, 7 and 8 years old. George was our "threshing neighbor." He was the one with the threshing machine, a JI Case on steel wheels, and he pulled it to our farm with a JI Case standard tractor also on steel. In those days, steel wheeled implements were common. The roads were general gravel, so the lugs cutting into them wasn't a problem. George would set up the thresher, s
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