Posted by oldtanker on October 01, 2018 at 14:17:31 from (66.228.255.59):
In Reply to: The Future Of Farming posted by vicinalvictor on October 01, 2018 at 06:22:47:
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I don't know where you are at but west of me 25-30 miles and more is the Red River valley MN and ND. Small farmer out there is 2000 acres or so. Some are farming 30,000 or more. And these are old well established family operations too. Most of the big boys out there lease. They might take a 5 year lease on a tractor but often it's only 2 on a combine. Kinda funny to see some of the lease returns advertised. 350,000 for a used bine :shock: ! Heads of course are extra. And them big guys? Many love to flash the cash. Instead of gold chains they have fancy pickups that they sit in while watching workers combine the crops. They have found that it's easier to keep good help if the equipment is nice too. Heck a lot of our BTO's up here winter in AZ.
Look, I'm not knocking a lifestyle. I'm pointing out that to most people it's not desirable. Most people want what they see as a better lifestyle. They want to go to the Red Robin for and upscale burger or maybe 5 Guys if they are slumn'. Not some soy blend burger they pay a buck for. And I'll bet most people who can afford better than the buck menu don't eat the buck menu.
So because of the factors already mentioned plus the fact that young people today have to have the financial backing to get started.......well the small farm has a dim future.
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