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Tractor Talk Discussion Board

Re: OT. FUTURE OF FARMING


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Posted by Nate V. IA on November 15, 2011 at 15:59:59 from (173.215.42.82):

In Reply to: Re: OT. FUTURE OF FARMING posted by NY 986 on November 15, 2011 at 14:59:34:

I agree 100%. None of my friends are making $25 an hour either, thats why I said things are all different than they were when Jack started out. No matter how hard you work, starting from scratch in ag today is almost impossible without putting a great deal at risk. I'm 32 and find it hard to believe in ten years I'll have more ground than I currently do, 22 acres, tillable but in pasture. If my wife lost her job today, we would be on the street in a year, I bought more farm than I could afford but its a good thing I did with the way farmland values are going. Lately the price of land goes up faster than you can save money for it.
All but one of the other young farmers I know have family in it. The one that doesn't had both parents die of cancer within a year of each other he was 25 ish, not the best way to aquire ground in my opinion. I have a wife and three small kids, I'm not willing to take food out of their mouth so I can be a big farmer for a year only to lose it all when corn drops to $4 bu.
Nate


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