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Re: Need some advice!
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Posted by Vince on February 21, 2002 at 18:21:07 from (64.12.105.26):
In Reply to: Need some advice! posted by J.C.F. on February 21, 2002 at 13:46:41:
I agree with Jhon. I am 30. My father and I are makeing a living (not much of one though)on 300 tillable, raising potatoes and grain with maple syurip as a plus. You must finish school, no ifs ands or buts. I presume there is a house with no one living in it. Don't rent it out for too much or you will get bad tements that will just trash it and then wait for you to kick them out since they knew they wouldn't pay the rent anyway. Rent the land out to a neighbor farm with a writen contract, no verbal hand shake stuff. (I know some land is still rented that way) You have time and oppertunity to research what you want to do. Road side farm stand? pick your own? hunting plots? Golf course? Realize that farming is hard, you will go to the funerals of some of your friends that worked a little too long/hard and made mistakes that can't be fixed and if you aren't carfull they will come to yours. I will say it again NO DEBT. Corn and beens will bankrupt you at that size. You just can not put in the time and energy to learn about the varieties, chemicals, weeds, diseases, bugs, soils, tillage systems to be an efficent producer and you can get taken by having custom work done. When you get an idea of what you want to do write the contract to have your present operator surrender the soil tests, gps yield maps, tile line maps exc. If you let your farmer know well in advance of your plans you could use your land as capital to buy into his operation or if you go the other way that he will be rewarded with rent breaks for land improvement. (wells, drainage, tearaces, irragation ponds, exc.) I agree on the tractor over 70 hp and the cost goes down per hp. I am kind of fond of the Ford 7700 class. But it needs to fit what you plan on doing, you may be better off with no tractor
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