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Buying a farm

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Larry NE IL

11-21-2003 19:19:49




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I looked at a 180 acre farm yesterday. The sales folks sent me the details; About 25% class A soil, 35 to 40% class B and the rest Class C.
I drove the whole thing. The worst end of the class C was a sand pile, good enough to mix morter with! I was wondering if that "hill of sand" would be a good place for about 40 acres of alfalfa. What do you suggest?, too far out to make a quarry and the owner(retiring) says he has a cash renter that's been working the farm for the last 3 years and paying $120.00 acre rent. The corn base yeild is listed at 87.5 bu/acre.
I'm not sure I could make that much farming it by myself! The price is right for the ground, just don't know what would grow in the sand lot.

Thanx for your input Larry

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DougKirk

11-24-2003 07:10:48




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 Re: Buying a farm in reply to Larry NE IL, 11-21-2003 19:19:49  
PEANUTS



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paul

11-22-2003 12:07:35




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 Re: Buying a farm in reply to Larry NE IL, 11-21-2003 19:19:49  
Hay Wilson over on the>Link

--->Paul



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Larry NE IL

11-22-2003 08:17:05




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 Re: Buying a farm in reply to Larry NE IL, 11-21-2003 19:19:49  
Hey guys, thanx for the help. I guess I should have said that I'm going to retire within the next 2 years and this 180 acres seems perfect. Not too big that I can't work it without burning myself out. I'm kind of leaning towards cattle, and now with a few pumpkins! (do cattle eat pumpkins?)yuk yuk. Anyway, thanks for the suggestions, and if anyone knows who needs sand for Georga peanuts, give me a call! As for my day job: the first thing I'm gonna do is thake my #^&**!! cell phone , set it on a flat rock and drive the biggest tractor I've got over it!
You folks are great Larry

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Greywolf

11-22-2003 06:45:31




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 Re: Buying a farm in reply to Larry NE IL, 11-21-2003 19:19:49  
Alfalfa won't do very well on a sand plot. "Hay" needs water to be productive, just like any other normal farming crop.

Some good things said about keeping the renter, at least for a year or 2.

Not real sure about the A,B,C classifications, don't have those here in MN, at least to my knowledge.

With an 87 bu/ac corn base for your area (NE IL i assume by your ID), I would have to say your land isn't top notch, but isnt garbage land either.

One tip of dealing with a renter, get a good soil sampling of the land done, and have the contract drawn up that fertility is maintained. I used to do independent soil sampling as a profession. What I found in some cases, the renter was relying on ground reserves to keep his bottom dollar up at the land owners expense.

Sampling should be done at or around the end of July for a true test of fertility available sans the amount put down in that particular year. And before anyone says it can't be done because of the crop planted, what they are truly saying is they don't want to go out an walk the field to obtain them. It can be done easily, I use to do it all the time without GPS.

Hit my email link if anyone wants to know further on the tip to do a corn field when it's 7' tall. Just put in the subject line "Soil Sampling" so I can distinguish it as legit vs spam mail.

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AW

11-22-2003 06:06:22




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 Re: Buying a farm in reply to Larry NE IL, 11-21-2003 19:19:49  
I don't know who Will is but he gave you some good advice which you would be well advised to follow. We have operated operated a small family agribusiness since the late 30's. A really tough business to survive in in todays world. A really low return for the investment.



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Delbert

11-22-2003 06:01:47




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 Re: Buying a farm in reply to Larry NE IL, 11-21-2003 19:19:49  
Plant it to watermelons and pumpkins they like sandy soil.



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Bob

11-22-2003 05:45:51




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 Re: Buying a farm in reply to Larry NE IL, 11-21-2003 19:19:49  
If you decide to go ahead continue to rent to the cash renter because at that price you'll soon be able to pick up his place too. Good luck.



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550Doug

11-22-2003 05:02:30




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 Re: Buying a farm in reply to Larry NE IL, 11-21-2003 19:19:49  
I believe sand is perfect soil for potatoes.



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Will

11-22-2003 04:50:04




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 Re: Buying a farm in reply to Larry NE IL, 11-21-2003 19:19:49  
Continue to rent to the cash renter and don't give up your day job.



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Ron 1456

11-21-2003 20:20:34




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 Re: Buying a farm in reply to Larry NE IL, 11-21-2003 19:19:49  
Could you irrigate that 40 with a center pivot?



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Larry NE IL

11-22-2003 07:36:43




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 Re: Re: Buying a farm in reply to Ron 1456, 11-21-2003 20:20:34  
Yes, I probably could



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Allan

11-21-2003 19:38:37




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 Re: Buying a farm in reply to Larry NE IL, 11-21-2003 19:19:49  
Larry,

Sand makes an excellent site to build corrals for cattle. It is even better if it is on a hill for drainage.

Allan



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Clancy

11-22-2003 06:20:10




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 Re: Re: Buying a farm in reply to Allan, 11-21-2003 19:38:37  
Truck it to Georgia and raise peanuts.



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