It is not a subsidy....when a farmer buys quota, he buys a portion of the market. If the market does not buy his product, he is out of business. If the market shrinks, his production must shrink likewise, in spite of what he paid for his quota. Yes, it is next to impossible to start dairyinh here, that is one of the faults of the system. However, it's hard to start any type of farm here that will support a family. For example, 400 acres of paid for cash crop land here should net you about 200 dollars per acre, as a rough figure, giving you a net income of 80000 enough to live comfortably in the cold north land of high taxes. With machinery, that would be an investment of over 5 million dollars. With 5 million, I could buy a large enough dairy farm lock stock and barrell to support a family and be debt free as well, I would just have to work a lot more. I know it's not easy to start farming anywhere, but the system does provide for a semblance of stability. Ben
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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