Posted by sourgum on November 15, 2011 at 19:53:33 from (166.147.100.231):
In Reply to: OT. FUTURE OF FARMING posted by NE.IL on November 15, 2011 at 02:56:57:
The big operator is reacting to commodity markets rising dramatically in the last 2 years. That is an attractive opportunity for profit in today's ag economy. No crime in that. Just free enterprise system at work. Everyone wants in on that potential profit. Big and small operator alike have same chance to capture market peaks & profit from them. Just have to keep control of costs, perhaps by renting instead of buying land & leasing instead of purchasing equip. Don't think big operators are the boogey man we portray them to be, they may be willing to assume more risk and may have accumulated more capital or have access to more capital. May have a sharp pencil. Ever calculate gross revenues on 6.75 corn vs 3.75 corn. Room for some healthy cash rents there. There is a place for everyone with a dream just may not be that right time yet for yours.Takes perserverance to get going and stay in ag.(And possibly a side job in town to subsidize a start up)
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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