Posted by oldtanker on October 01, 2018 at 09:22:35 from (66.228.255.59):
In Reply to: The Future Of Farming posted by vicinalvictor on October 01, 2018 at 06:22:47:
Guys, the small farm is all but dead. Most younger people are not willing to either work a day job and then farm at night or deny themselves the pleasures of life on a meager income. They want to be able to eat out at decent places (no McDonald's/Burger Kind Wendy's and Perkins are NOT fine dining). Even Applebee's isn't all that good. They want their kids to have decent things too. And no, your idea of decent isn't they same.
There will always be a few small farmers around because they do what that life. But most of those are never going to amount to much. Mama working in town to pay the bills and dad spending everything the farm makes on the farm and never getting ahead. Now look at why. Because they treat the thing as a lifestyle not a business. And no matter how much you love the life it's still a business! Now convince young people today that's it's a desirable life! Young people who like to hangout with friends, got out clubbing ECT.
So the big farms are going to be here because they do treat it as a business. Sure some are going to fall by the wayside because they made poor decisions. But while the small guy is making 15-20K a year (on a real good year) profits on 500 acres the big guy farming 2000 is actually going to make OK money at 60-80K. And the BTO is going to farm 20K acres and make 600-800K then take the family to Disney World for 2 weeks.........
Gotta face it. Eventually JD/CIH-NH/AGCO/Kubota are going to stop supporting old tractors. Just won't be enough market demand to make it profitable. What's the small shoe string operator going to do then? Start farming with horses?
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