Well your starting out back wards on a few things. You need land before equipment for the first thing. Second your starting out late on things too. Checking in March for that year's crop is too late. It sure is not the beginning of the year. That would have been Jan.1st.
You need to jump on any land you can find and get it under written contract right then. Then keep quiet about it until it is started. The competition is high right now for land.
You need to figure out how to leverage what you have over what you do not have. In your case it is more labor (young) over money/capital. Pure grain farming is very capital intense and very hard to start from scratch in. Some type of livestock farming would utilize your labor better.
Also be patient. With the grain prices falling the rents and values will drop. Just be ready to step in when that happens.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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