Posted by Pair-a-dice farm on March 10, 2017 at 15:44:14 from (162.104.74.107):
In Reply to: hard times posted by kccca on March 10, 2017 at 12:20:31:
I bought my 1st farm in 1979. Then we had the bad drought in 1980. Interest rates were skyrocketing. I had bought 150 beef cows and was working for the local feed mill delivering feed to the local dairies. I survived the 80 drought and stayed afloat for a couple of years and then we had another drought in 1983. I had to sell the farm most of the cows as well as most of my equipment. It was a tough time but I learned a valuable lesson, slow and steady.
We were delivering feed to about 70 dairies that were less than 50 cows each. by 1987 all but just a few were shut down.
I started renting pasture and buying cows out of my hip pocket. It took 17 years but I finally grew to the point that I could quit the town job.
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