Re: What do you pay a farm manager?

Posted by Ron in AR on June 13, 2005 at 16:02:10 from (66.82.9.67):

In Reply to: Re: What do you pay a farm manager? posted by 3 cyl on June 13, 2005 at 05:15:25:

The family pays my wages out of pocket. This was the original arrangement when I began working as the "caretaker". This involved taking care of thier home and personal grounds. They later asked me if I wanted to manage and share the profits on some rentals they own near by. The haying and other ranch work came later and is where the hay profits come into play. For the past couple of years, I have seen about $64.00 per acre profit. But we have been doing a lot of work on the fields and putting a lot of the money back into improvements and upgrading the equipment. We hope to see this raise to around $70.00 this year and continue an upward trend for the next 3 or 4 years. Our target is around $160.00 an acre for my profit. Also plan to add another 20+ acres that we are going to clear this Winter. More could be added at a later date.
My boss owns a manufactering plant and the farm thing is more of a hobby for him. He likes the idea of his ranch being an actual operating entity. Hence, his goal of "the best hay in the county".
He comes out when it's time to do the haying and helps me mow. Then he does the raking while I bale. Most all of the remaining work, I do. He also lends a hand now and then when I need more than the two I have (like holding something in place while I tighten a bolt, that sort of thing). He is "offically" retired from his manufacturing plant, but still goes in several days a week. Not the kind of person to just sit still for very long. So helping me with the haying gives him something to do that he likes to do.
If I can be of any further assistance, I'll be glad to tell you what I can. My email is Stoneoak at direcway dot com.
Ron

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