Sorry guys, I should have clarified before that I am leasing the farm I'm on (25 yr lease), and I intended to lease out the other lands as well for the same length.
I'm in a protected area (Ottawa Greenbelt) that the government owns so they lease the lands to all farmers. I'd be paying $10-20/ac month in rent for the extra lands so it's not the rent cost that is an issue, it's the equipment/manpower/experience needed to work an extra 200+ acres.
I have a job in town... never inherited any money or had any help. I paid cash for all my equipment but I bought a tractor new (was a mistake, should have bought used...). However, I want to expand and eventually farm full-time. Because of my proximity to the city (less than 10 minutes), I'm in a good position to sell beef/lamb locally. In fact I already have buyers lined up, just through word of mouth, for the current livestock I have. This is what I want to aim for - direct sales.
The only way for me to expand into this is to take on more land. If I pass it by, another farmer will take it and I'll miss my opportunity.
I don't have much for grain storage, I'd have to rent space or keep in bins. I'm really not setup for grains at all so I know I would have to invest a lot to harvest and store.
It's certainly tough without a farming background because I had equipment passed down to me... I have to buy everything. Not an easy situation, so I was just curious how others managed growth without going too far into debt. I think renting out the lands and accumulating equipment slowly is my best choice.
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 - Usin Your Implements: Plow and Disc - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[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.
