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Tractor Talk Discussion Board

Re: Young farmers starting, and no one willing to help


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Posted by JD Seller on June 05, 2018 at 17:34:26 from (199.120.93.196):

In Reply to: Young farmers starting, and no one willing to help posted by Bruce from Can. on June 05, 2018 at 07:47:26:

Bruce I am sorry your Father was an obstacle to your farming. Well maybe he was not as his opposition might have made you more driven to succeed at farming. My Father was not a help to me as he was not a farmer and was never around anyway. My Grand Father helped me. It was more of giving me an opportunity to farm rather than inheriting a farm or even being able to buy it at a discount. While he was still farming seriously wall we did was share equipment and labor back and forth. That made us both more money than we would have with out the other.

This is what I was meaning about helping others get into this business. I am not saying hand them some thing for nothing or even a reduced price. Give them an opportunity.

Some examples of this:

1) When my Grand Father decided he was cutting back and not renting any more ground, he took me around to his landlords and introduced me to them. He never asked for any type of discount or anything like that. He did tell them he would back me in treating them just like he always did. Over fifty percent of those farms are still with us. yet today.

2) Several farmers have came to me over the years and asked me to take over their farm when they retired. All of those farms are still with us with market value being paid to them.

3) In 1990 A neighboring farmer's older brother wanted to retire. The trouble was the older brother had always owned the combine and the younger brother never ran it an feared working on it. They came to me with this plan. The older brother sold me the combine at full market value. He carried it on five year note with a fair interest rate. The younger brother hired me to custom harvest his crops at a set rate per acre until the combine was paid for. We all gained by this deal. The older brother got full market value for his combine plus some major tax savings. He also earned a higher than CD rate on his money. The younger brother got his crops harvested at value price. I got a good combine with affordable payments.

These type of things are what I am talking about. Not giving anyone anything for nothing. Most of the time it can be a major benefit to both parties. It also can be little things too. If I am bidding at an auction and see someone I know that is young and just starting out. I will not bid against him/her until after they are out of the action. Nothing wrong with letting them save a little money to help them out.

I had a farm that I had rented for years that was cut up terrible, really hard to farm with larger equipment. A friend's son was wanting to get started farming. They only lived 2 miles away for this farm. I got the landlord and the son together. They made a deal. Both were happy and I was happy to not have the head ache the farm had turned into over time. That did not cost me dime. I no longer have to farm 60 acres that is in 9 different pieces with two creek crossings. The young man is delighted to get a start.

This is what I am talking about being hoggish. There are many farms that are not the best to farm. Why bid the rents way above their true market value just to say you farm so many acres??? Step back and let some of the younger fellows get a start.

Opposite happened to us 3 years ago. One farm I had been renting for 20 years. We where switching that farm over to my youngest son. The landlord was part of this "plan" years before this going on. 265 acres at $350 an acre, spring paid. Old contract, which was in my name, expired Nov. 1st. Landlord out of state until the middle of Nov. He asked for us to just get together the week after Thanksgiving to sign the new contract. No problem on our end. Thanksgiving week he called and told us he had met a fellow at his Doctor's office. That guy was a BTO about 20 miles west of us. They got talking about cash rents and all, plus how we were changing generations on his farm. That fellow smarted off about how any ground in Jones Country was well worth $450 an acre sight unseen. He said he would pay that anytime. So the landlord wanted us to match the price. We declined. The farm is not worth that. The farm looks good from the road. The front 200 acres has about 18-24 inches of pretty good dirt on top of pea gravel. The back 60 or so has about 6-8 inches on top of pure sugar sand. Very shallow tillage and even then we watched the organic matter like a hawk. The average CSR on the entire farm was only a 60. I can't blame the land lord for going after a higher rent. I can blame the BTO for renting ground for way above its actual value just because you can. The first year he farmed it he paid in the spring like the lease was setup. The next year he wanted and got 1/2 spring/1/2 fall. The last year he miss the spring payment and they are in court over that and the fall payment. The landlord came back to us wanting us back but at $400. I told him we had rented better ground for less money. This is totally the truth too. The point being the other fellow just could not stand hearing about some one getting what he thought was deal. So he had to barge in. So hard feeling all around.

So all I am saying is to think of how you can help anyone have an opportunity in anything that improves themselves and yourself. Just taking the easy money is not always the best way for anyone.


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