Posted by Negligence on February 26, 2010 at 10:37:15 from (198.103.249.251):
I have an opportunity to increase my farm size from 135 acres to about 400 (and maybe 200 more in a couple years). The land is coming available and I think I'd be foolish to let it go to another farmer since it's connected to my land. But... I've never farmed 400+ acres.
I only got into farming three years ago so I have little background or much experience yet. Nobody in my family/friends knows anything about farming. I bought a tractor and hay equipment and learned how it worked in the field.
My plan would be to convert the 135 into pasture for the horses/cattle (wife finally gave permission), 150 for hay, and the rest in oats/etc. Maybe in the first year or two just lease the lands out for cash crop.
We do sport horse breeding and boarding, raise some sheep, but I want to get into cattle just small-time though.
What would you do? How do you guys handle growth with a limited budget? I've got the tractor and hay equipment, but nothing for tillage or harvesting. Trying to figure out how to go about this without incurring too much debt or getting over my head trying to keep the land in use.
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