It sounds to me like whatever you are doing is working for you. I started in Jan. 1973. Things went pretty good until about July 1974. Nixon took us off the gold standard and the prices of everything went up except milk. It dropped over $2, and back then that was a lot. About the time I got going good again, I got pneumonia 4 times in 6 months. That was the straw that broke the camels back.
My son started a year and a half ago. We rebuilt a section of the barn that had caved in. He buys TMR from one of the local bigger farmers. We rent or farm land to other local farmers. He milks about 40-45 cows most of the time. He is debt free also, except for what he owes me. He was lucky enough to get himself established while the price of milk was good. The fact that he's on solid ground and owes no one is going a long way towards insuring he stays solvent now that the prices have dropped.
You are smart staying debt free and doing things as you can afford it. I would suggest you be very cautious and do a lot of pencil pushing before you move forward with anybody's money but your own. Took my son 16 years from high school to get were he is by working other jobs. Stick with it and you will do okay.
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Today's Featured Article - An AC Model M Crawler - by Anthony West. Neil Atkins is a man in his late thirties, a mild and patient character who talks fondly of his farming heritage. He farms around a hundred and fifty acres of arable land, in a village called Southam, located just outside Leamington Spa in Warwickshire. The soil is a rich dark brown and is well looked after. unlike some areas in the midlands it is also fairly flat, broken only by hedgerows and the occasional valley and brook. A copse of wildbreaking silver birch and oak trees surround the top si
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