Re: Planning for an auction to sell out

Posted by 2002sliverado on January 16, 2018 at 09:52:29 from (216.16.75.34):

In Reply to: Planning for an auction to sell out posted by picassomcp on January 15, 2018 at 20:17:32:

I think I can grasp hold of some of you thoughts. I had wanted to farm since I was old enough to ride on a tractor. My parents didn't want me to farm because my dad see a future in it. His brother and sister-in-law did about everything they could to try and drive me away, because they wanted me out of the way. There was even an attempt at a hostile takeover. Another uncle let me manage the crop production on his farm, which he had custom farmed by a BTO, admitted his yields were better than ever, but wouldn't let me get into farming on his land. The competition for local land resources grows more intense by the year, and I will not rent anything that I cannot at least make some money on. I had a farm, owned by a family friend who died a few years ago, which was offered to me to rent by an heir, but I also know what the fool is paying for cash rent, too. I will not bleed a bunch of red ink for the sake of farming a tract of land. What I have came too hard in the first place, and I cannot and will not run the risk of losing any of it. I am a part time farmer and have a decent job in town. My hope is to retire from that job a few years early and actually enjoy what I am doing at least in the last years I am working. I do have a good fleet of equipment and it is all paid for. I do lack a few pieces of equipment, though, but if worse came to worse, I could hire a friend to do some of this work, too. I feel my life as a farmer, or want to be farmer, has been a constant state of retreat, and where I am at is the last line of defense. My parents are in good health and own one tract I farm, which is the bulk of what I farm. My parents get a decent rent check from my farming the land. They could probably get a bit more if they did cash rent it out, but my dad at least wants to give me a bit of a break since farming had always been my dream. Both of my parents feel they let me down in not helping me get started a lot sooner. I guess I don't feel that way, as the 29 years I have spent in the real world has provided a living, a decent career, a funding mechanism for a decent retirement, health insurance, and a whole lot of professional experiences. I will keep doing as I am doing as I am not going to go broke at this time, but I will not be getting rich either. My parents have a decent check from the rent and they are happy to see me, rather than somebody else on the farm.

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