When I had to move to a new job I needed a place with a few acres because my kids had a couple of horses. What I found was a dairy farm that was for sale because the owner was being foreclosed on. I bought the 150 acre farm for less than a house in town. My early farming was just doing hay and some replacement cows. I eventually expanded into some crops that I sold to local farmers and later into beef cattle. Today I farm over 300 acres, mostly grain crops and some beef. I have a good retirement income from my job so I am not as concerned about farm income although I admit I do make some good money. I also run some other business from home and that helps me keep busy.
My advice to a want to be young farmer is thus. Get a good job and save all of the money you can and keep good credit. And then when the moment comes and there is that farm for sale you can use your savings and good credit to buy it.
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Today's Featured Article - The River Tractor - by Charlie English Jr.. This is a 4010 John Deere that was used to farm on the Diamond Island which is in the Ohio River about 15 miles southwest of Evansville, Indiana. About ten years ago, this tractor was parked close to the bank as the river was washing the bank of the island away.
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