 Floyd County, Iowa | 977.3Ford - 3/15/2026 08:47
Honestly as a young guy the autonomous equipment worries me. Right now the limiting factor for most of these large operations is having enough butts to hold down a seat switch. Now you shift to where you only need 1 person to control a handful of tractors and i think farm size will be able to grow exponentially.
And then lets look at even thinking about purchasing ground. Have a family friend that bought 100 acres in the early 2000's when he was 20ish years old for $3k/acre, and was pretty much fully financed. Between farming and a decent town job it was paid off in less than 15 years, and has gone up 500% in value. Now look at financing $15k/acre ground and trying to pay for it farming and with a decent town job, and tell me how long it would take to pay off. By my math crop revenue would have a hard time paying the interest without even touching the principal. But i'm sure a boomer will be along to tell me to pull up my bootstraps and quit buying designer coffee and it'll be fine.
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Well, I'm a boomer, and I think you're absolutely right, imo. If a guy wants to do some things the older way, you know, maybe less technology and a little more hands on, there's money to be made. How much depends on the physical involvement. Technology is nice, but not completely necessary to turn a profit.
Flame away. |