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Re: Anyone around Meadville/Crawford County Pennsylvania?


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Posted by NY 986 on December 29, 2018 at 13:24:49 from (184.53.48.122):

In Reply to: Re: Anyone around Meadville/Crawford County Pennsylvania? posted by JohnV2000 on December 29, 2018 at 12:44:07:

You still have plenty of homework to do if you have plans to farm it. For quite a number of locations in WNY 2,000 dollars per acre buys very marginal farmland with
limited cropping options. The Mennonites and Amish have exotic means of financing farmland which is reflected in their bids. For smaller farms the church will finance
at 1 percent APR for 50 years with a minimal amount down. Can you get the same deal? Unless you figure your job is going to cover all the financing you have a lot of
numbers to crunch. Even if you don't care about profitability there is the matter of getting bang for your buck. I'd want to know that this farm can do more than support
lower grade forage crops and small grains such as wheat and oats unless once again you don't care about that. Not trying to be a jerk but just trying to temper youthful
enthusiasm with some hard logic. One of the first lessons learned while at college while studying agricultural business was know your own strengths and weaknesses
and not guess as to the means of what the neighbors may have. The Amish may be able to pay 2,000 dollars per acre and make a go of it but that does not mean that
you can.


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