Well i guess if the place is paid for and there are no other big debts to pay off,and just making a living is all you want out of life then i guess it'll work.
But you'll have to admit it's impossible today to pay off a farm with beef cows or feeders(or grain for that matter) and making a living from it at the same time without off farm income,unless one wins the lottery or inherrits.
I started ranching(150 hd cow calf on 1800 acre) 23 yrs ago with 85% borrowed money. It has been a struggle from day one(Job on the side) till i got the drift, and started working smarter instead of harder. In 96 i sold the beef and bought bison,sold them again at the top of the market $5300/hd and bought back a bunch 2 yrs later at the bottom $60/hd.I kept them all but the bulls and let them multiply till bison prices started picking up 3 years ago. Now i got a life,make a living,have money to spare and can stay home to do what i want.
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Today's Featured Article - What Price Enthusiasm? - by Anthony West. Quite frankly, for some time now restorers like myself have become more and more concerned about the rapid increase in the prices of old farm machines here in England. There is now a growing market for "As found" machines. Which as machines get rarer, has found the birth of a new industry....one of the "procurement agent". These agents appropriate as much old machinery as possible then inflate prices at auctions. So at what price enthiusiasm? We are now seeing poor machines which 3 years ago ma
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