Posted by oldtanker on January 06, 2016 at 06:40:18 from (64.118.3.19):
In Reply to: Re: Fleet Farm posted by oldtanker on January 05, 2016 at 20:04:05:
Quoting Removed, click Modern View to see
It's not that there are not people out there who don't want to farm. Look back just here on YT at the numbers who want to farm but can't afford to. When the government did away with the subsidies it got to the point that a young family could no longer afford to work 160 acres with 20 milking cows. That and several other things the government did plus the Carter/Regan recession with the high interest rates killed the small farm. Today with the cost of land young people just can't afford to get into it. A nephew of mine looked at it. The banker told him he was going to have to have at least 500 acres either bought or leased plus would have to agree to have at least 80 milking cows before they would even talk to him. This was 13-14 years ago. He would have had to be willing to borrow at least 500,000 to get started, be a lot more than that today. The amount of debt scared him off.
But yea, people leaving the small farm is what killed the small town too.
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