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Need advice on expanding oppurtunity
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Posted by Dave from MN on April 30, 2006 at 07:50:23 from (65.126.171.162):
. here is the deal- About 200+ acres tillable just came available within 1 1/2 mile from me. Is sandier ground. Feilds are all 20-80 acres in size. Rent is $45/acre asking. Big operators are passing it up because raods/trails to get to feilds are to narrow for all their big equipment. Owner is kinda panicking as he likes it in crops and I am sure like the extrra $$ so I may pick it up cheaper. I would probably start with planting rye this fall and spreading my chicken manure aboput 3 tons/acre next winter and shallow plow in next spring to start improving soil fertility, and continue enriching with chicking poop if I can get a 10 year contract to keep running the ground. This would be a BIG step for me as I am just starting out. I have plenty of time on my hands and many freinds to share equipment with if I dont have it. My biggest issue is grain storage, I have none right now. I really dont want to have to dump it for the current price in the fall if its low as it was last year. Has any one made this type of jump lately and succeded? What options are out there for storage? I was planning on enrolling the land in thte Direct counter cyclical program if it is available in 2007, and would be running a min till practice since about 60% of the ground is lighter soil. Long I know but has any one made this work with out losing there a**?
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