Well, the obvious answer is to be there first. If it worries you that somebody might move in and compete with you, then take the land first and farm it yourself. Keep in mind that the anti-trust laws of the early part of the 20th century were for the protection of the public against monopolies. When one person or corporation gains control over an entire industry or service, prices only go up and the public gets robbed. The same thing applies on a small local scale as well. Of course, it matters which side you are on. As a producer/seller, you always want the highest price you can get. As a buyer/user, you want the lowest price you can get. Natural market forces generally set the prices. Success partially depends on the producer's ability to anticipate market trends and to satisfy the greatest need. Economics 101 - the laws of supply and demand. So, if the guy moves in next to you and raises corn, you raise beans or wheat something that will get you a decent income without worrying about what the other guy does.
I spent half of a lifetime doing automotive repairs. There was ALWAYS somebody competing with me. Guys would open up a shop next door. As it turned out, I was always busy because of my reputation. I had the better quality repairs and the fewest callbacks. Same applies to farming. If you have the better product, it will get the better price. A favorite saying: If you want nice, clean, fresh oats, you have to pay a fair price. If you don't mind oats that have already been through the horse, they are considerably cheaper.
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Today's Featured Article - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want … unless you own a monster tractor. U
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