Re: Ethanol scam for dairy farmers

Posted by Indydirtfarmer on September 10, 2004 at 07:26:56 from (66.83.236.250):

In Reply to: Re: Ethanol scam for dairy farmers posted by Allan in NE on September 10, 2004 at 06:57:22:

I'm in much the same boat. Both my wife and I have full-time jobs that bring in much more cash than we ever dreamed of. I've made some wise/lucky investments. Then, a few years back, I inherited quite a bit of money, as well as MOST of the land I now farm. I did however, make my way quite well BEFORE being handed the family farm/fortune.
My father, and 4 generations before him, farmed this land. We managed to make it through the 80's. Not a lot of us were so lucky. My father struggled with the economy then. If it wasn't for his income with a construction business he owned, things might not have turned out so well.
I'm not going into my personal finances here. Not the time or the place. What I am going to say is, I make a better living off of 1400 acres than ANYONE I know personally. That's done with hard work by myself, my wife, and my son. We re-invest MOST of what we make off of the farm. If I was to have to start from scratch, I'd never be able to achieve what I have. Quite simpley, it's taken the collective hard work of 7 generations of family to reach the point we have.
I'm not the ultimate authority on farming. I'll never try to lay claim to that. However, I have managed to turn a profit, without the use of "borrowed money", and likely have made profits exceeding what farms of a much larger size can hope to reach.
That being said, I still don't get "filthy rich" from any part or parcel of this business.
It seems that some people can take a bit of skewed information, and form their opinion. I take 189 years of family history and make mine.
Once again, THIS IS NOT A HIGH PROFIT BUSINESS. John

Follow Ups:

• Re: Ethanol scam for dairy farmers Allan in NE 07:50:55 09/10/04 (0)

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