Posted by GeneMO on January 05, 2015 at 16:03:23 from (71.51.203.52):
In Reply to: losing money posted by Brian806 on January 04, 2015 at 11:46:56:
Got myself a really good job in 1985. Dad sold most of the bigger farm equipment in 1996 and hobby farmed, share cropped out the row crop land. I joked that the less I farmed the more money I made.
I retired in 2013 at age 58. Really though, I hated to quit farming but had some health issues.
At least you can say you were your own boss.
On a small acreage anymore, the niche farmers, who do non-GMO/Organic and sell direct through farmers Markets or to high end resturants are the way to go.
Small farmer hasn't got much business in todays environment. Unless it's all paid for and you are just tinkering around.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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