Posted by Joe Pro on July 30, 2013 at 11:36:37 from (204.54.154.68):
I know it's asked a lot if you can live off of farming, but I would like some real non biased input. I'm 21 years old, been farming with my grandpa since I could crawl. We have several tractors, as well as my grandpa does also. We have a chisel plow, disc, drill etc. We have a small combine but it's slow.
I would like some input as to what it takes to live off of grain farming. I have farmed several acres on my own but we've never lived off of it. We not the typical 21 year olds (me and my girlfriend) that are constantly bashed in this society these days. We just bought our first house.
Our equipment is in good to very good shape. Everything is useable, and my grandpa has a full line of grain- hay equip. We have the chance to farm 180 acres next year (hopefully). What can we expect for an honest profit from this. I know this is a question with no answer, but could we live off of this. We both work full time at the moment with great benefits but neither of us enjoy working for anyone other than ourselves. We have a seed rep, someone to spray, and several people who could custom harvest for us. We don't have children or a significant amount of debt. We would also like to raise some beef cattle. Per my calculations, I don't see why we can't profit around 40k from this per year (before taxes) Is this even a close est? Thanks for the honest input.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
