Somebody should tell you this right at the beginning.. if you do not have lots of capital you will fail at farming or almost any business. There is no way that a beginner farmer can afford to buy the imputs to plant a big crop and I am not talking about the cost of seed and fertilizer but also fuel, machinery repairs, labor and land rent or payments. You have a big dream but I can not see it becoming anything more. As JD Seller states below you are trying to start a crop farm when the most experienced farmers are not even able to break even. And I do not see how you are going to expand your beef herd when a feeder calf sells for $2.00 a pound. Raising beef is not a free operation and even though beef is bringing good prices now the profit margin is still pretty tight. Think of it this way, if you have 50 brood cows and each has a calf that you sell for $1000 your income is just $50,000. Now subtract the cost of feed, medical care, land costs, machinery cost and then there is the mortality factor. Do you get the picture?
I, and many others worked for many years at jobs punching that time clock before we had the means to pursue our dream of working with the land and animals. Very few of us could have afforded to pursue our farm dreams if our wives were not working outside the home and earning money to help improve our financial future. I wonder if you just do not like to work for others!
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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