Posted by nick m on October 02, 2015 at 18:44:12 from (70.210.66.49):
In Reply to: Re: Buying a farm posted by Bruce from Can. on October 02, 2015 at 03:13:18:
I consider myself a newcomer. Started 8 yrs ago with 15 acres. Up to 80 now. Bought 30, renting the rest.
Don't like the way you worded it, but pretty much right. I make enough off what I do for it to pay for itself. I'm getting to the point I'm starting to upgrade equipment a little bit. Doing decent I think. But every dime I make I'm investing right back into it one way or another. No way I could make a living at it at this point. Just hoping that when my son is old enough, he has the option to try to make a go of it, or at least keep doing what I am. If he's not interested when he's older ,2yrs old now, at least I'll have a retirement hobby and some equipment for him to cash in when the time comes. Saying there's no room is not quite accurate. Just have to be realistic.
Also wondering if this $3 corn will eventually bring the big guys back to reality, opening up some opportunities.
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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