Posted by Bruce from Can. on October 02, 2015 at 03:13:18 from (74.12.68.198):
In Reply to: Buying a farm posted by Gleanerk2 on October 01, 2015 at 16:14:26:
I hate writing this,but the truth is , we don't need any new young farmers. Before you all jump on me, I was in the same boat once. I rented a farm with a barn and no house. later I bought the farm from the owners , and they held the note. We lived in a trailer, till I found a house to move onto the farm. That is my story. Why we don't need any new young farmers is , the old farmers are growing there farms and have sons to take them over. If they have no sons , there are always other big time farmers waiting , with money or good credit , to buy up the land and keep it producing corn wheat and soy , fora margin so slim that you could shave with it. Bigger tractors ,planters and combines ,equals less farmers. Farming is a mature industry , not the new frontier our grandfathers or great grandfathers lived.I don't like it, just the way it is. I have farmed and milked cows for 35 years, I will milk 60 cows this morning, and I am looked at as a "hobby farm" or a "life style " farmer,what a load of BS. I love farming but , there is no real money in it, so it will be hard to borrow against it. Sort of like wanting to borrow money to buy a Bass boat, because you like to fish, better have another reliable cash stream.I am frustrated for you too ! Bruce
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