Re: OT young guy's rant

Posted by WyoDave on December 31, 2005 at 16:08:19 from (71.50.17.208):

In Reply to: OT young guy's rant posted by Rich Iowa on December 31, 2005 at 13:30:48:

I"m 23, and I just started farming for a living 2 years ago. Its not easy, but can be done. First of all go talk to your local Farm Service Agency. I got financed for 40 years on land at 4% fixed. Also your operating loan will be much better there also. Beware, you will have to jump through hoops so be patient. I"m farming about 700 acres of crop land and running cattle with that. To make it work, I had to lease land. The land I bought will make the land payment and the leased land makes the equipment payment. Somewhere in there I scrape enough off to eat and put a roof over my head, but its not fancy. Also I farm next to my father, so he loans me a lot of less commonly used equipment that I still need from time to time. If you really want to farm, all you have to do is work at it. It can be done but its a big committment.
David

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