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| There will always be turnover in farming and it works pretty well if you position yourself to be in the right place and at the right time. While it's nowhere near as difficult as livestock, it's still more work than many want to do especially if there isn't a $60K pickup in the mix. It's also possible that there more turn over this time around because a lot of guys were the "smartest guys in the room" and took risk too extreme levels (ie. base your future business plans on $6 or even $5 corn).
Also, the difference between the good times and the 'normal times' is huge and may sweep a set of guys off the table. Just think a small farmer (like me or you) could have had gross income nearing $500K and a year later only have $350K. It will be painful regardless of who you are and the difference between wants and needs is something that needs to be defined before others make that determination for us.
There will always be folks expanding for any number of reasons and often (maybe 100% of the time) it's due to lottery winnings - great grandparents work, fortunate development land sales, really winning the lottery, etc. That isn't a business model that anyone can compete with or should try or even worry about. Instead focus on running your own business as well as you can. If you love farming, you'll find a way. Frankly that's the way it's always been done regardless of magazine articles about success.
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Young guys you are part of future history today
