
| Haven't read all the threads. I'm about a 5th generation farmer-but all of my descendants were share croppers. My Dad was the first on my side to own land, I bought the farm we live on in 2013. So there's no "generational wealth" to fall back on. I'm essentially first generation. Coming out of the '80's was a great equalizer, there was a chance to get started and get involved. Even the larger operations that owned a bunch of land were clipped, so you actually had at least a small chance to get going. Now those larger operations are nearly unfettered. They're leveraging paid for land and family labor and renting ground at rates that make no sense. I've still got to make money on rented ground. So, going forward I don't know what I see. I can't buy land, because I don't have enough to leverage. I can't really rent any significant amounts of land because larger operations are willing to cut margins to levels I'm not comfortable with. So, where does that leave us? Will I be the last generation to actively farm? I don't know. I've got one son with a PhD now, and another that loves to hunt and fish, so he'll be at least motivated to hold on to what we have. But for expansion right now I have no idea how that works. |