As others noted, there could be numerous explanations as to what is going on there. I remember doing business with a man, who was about my father's age. He was a high roller BTO. The scary part of doing business with him, was his rather shady tactics, and he was extremely shrewd. Back in the 1980's farm crisis, he managed to create several entities in which he was able to shift the ownership of his land over to, in order to preserve it, while going through bankruptcy. He was a rather aggressive empire builder. I know there were some agricultural businesses he worked with who were taken for a ride, along with financial institutions. He managed to build quite an empire, but what was the cost to build it? How many others took it in the shorts? What was his local reputation afterwards? What impacts did these dealing have upon his physical health?
Other situations I know of. Existing farms with sons who are/were actively farming. Siblings saw the DOLLARS. Want to cash out while the getting seems rather good right now. Parents maybe didn't save very well for retirement and selling the farm is their way to live a more comfortable retirement. Those I know in dairy, well, it seems as though it is either feast or famine, and being "married" to those cows is more commitment than it is worth. Some people have been told by their bankers to either get bigger or get out. Some people in family partnerships get squeezed out by a sibling or spouse of as sibling. Family struggles and the dynamics that can go with it.
I know I have had my own struggles in my attempts to get into farming. My father was not aggressive in his expansion attempts, and got rather cautious about borrowing money. He found it easier and less stressful to obtain seasonal off farm income, versus getting deeper and bigger into livestock. I had it pounded into my head that farming had no future for years. I kept coming back in whatever way that I could to help out. When my dad turned 65, he finally conceded and realized my love for the farm, and rented it to me. I still have my off farm job, which is a good paying job, so I can at least invest most of what the farm produces back into it. It isn't what I had envisioned doing as a kid, but I guess I have to have faith in that I am doing what was meant to be. I am where I was meant to be. And full time farming was never meant to be. In the end, I am fairly satisfied, and I hope that I can possibly do some things as far as expanding the farming operation, ultimately retire sometime between 55 and 60 when I have my mortgage paid off, and my kids through college, to go back and do what I had always wanted to do, when the financial needs for me and my family are less than they are today.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.